Marilyn received the following in the current year: Alimony (from a divorce decree finalized in 2017)........................$12,000 Child
Question:
Marilyn received the following in the current year:
Alimony (from a divorce decree finalized in 2017)........................$12,000
Child support..........................................................................................8,000
Interest income from corporate bonds..................................................800
Dividend income........................................................................................400
Gift from her sister.....................................................................................200
Jury duty pay..................................................................................................50
What is her gross income?
a. $13,200
b. $13,250
c. $21,200
d. $21,450
Step by Step Answer:
Taxation For Decision Makers 2019
ISBN: 9781119497288
9th Edition
Authors: Shirley Dennis Escoffier, Karen A. Fortin