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Calculate gross income tax exempt income Emma Williams received the following items and amounts of income during 2014. Salary $50,000 Dividends 750 Gift from mother

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Calculate gross income tax exempt income Emma Williams received the following items and amounts of income during 2014. Salary $50,000 Dividends 750 Gift from mother 400 Child support from ex- husband 2,900 Interest on saving account 250 Rent 600 Loan from bank 2,500 Interest on state government bonds 200 a. Help her calculate her gross income. $______ b. calculate that portion (dollar amount) of her income that is tax exempt. $ _________

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