17. In 2020, Mr. and Mrs. Duncan redeem Series EE bonds and receive $16,000, consisting of $12,000 of principal and $4,000 of interest. Net qualifying educational expenses total $11,000. They are married filing jointly and have other AGI of $131,550. How much interest income must be included in their income in 2020 because of the redemption of savings bonds? a. $4,000 b. $2,350 c. $1,650 d. $1,250 e. None of the answers provided is correct. 18. Which of the following statements is true? a. Gains from the sale of tax-exempt bonds are also tax-exempt. b. Stock dividends are generally not taxable. c. In Texas, income from separate property is considered to be separate income. d. Unemployment compensation is not taxable. e. None of the answers provided is correct. 19. What is the amount of self-employment tax that would be paid by Stan in 2020 assuming he earned $63,000 while working as an employee of the university and another $90,000 from a sales business he owns? a. $11,673.14 b. $11,429.10 c. $12,716.60 d. $11,872.80 e. None of the answers provided is correct