Christina Ruiz provides you with the following information regarding her investment income. Interest received: Cavendar State Bank
Question:
Christina Ruiz provides you with the following information regarding her investment income.
Interest received:
Cavendar State Bank checking account .........................$ 43
Federal Employee’s Credit Union ....................................881
City of Singapore bonds ...................................................990
New Jersey Urban Development bonds ........................382
Dividends received:
Ford Motor Company ..................................................$ 120
New Core preferred stock .............................................220
Northwestern Publishing Inc. .......................................400
In addition, Northwestern Publishing Inc. issued a 5 percent stock dividend on August 15. Christina received 25 dividend shares, which were trading at $23 per share on August 15. Prepare Christina’s Schedule B. Her Social Security number is 568-33-2541. Forms and instructions can be downloaded from the IRS website (www.irs.gov).
Step by Step Answer:
Concepts In Federal Taxation 2021
ISBN: 9780357141212
28th Edition
Authors: Kevin E. Murphy, Mark Higgins, Randy Skalberg