Question
Cathy has a savings account at Wells Fargo, where she received $600 in interest. She also has savings at Navy Federal Credit Union, where she
Cathy has a savings account at Wells Fargo, where she received $600 in interest. She also has savings at Navy Federal Credit Union, where she received $350 in dividends. Where should this income be reported on Form 1040?
a) $600 on line 8a and $350 on line 9a
b) $950 on line 8a
c) $600 on Part I of Schedule B and $350 on Part II of Schedule B
d) $600 on line 8a and $350 on line 8b
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On Form 1040 the income should be rep...
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Mathematical Applications for the Management Life and Social Sciences
Authors: Ronald J. Harshbarger, James J. Reynolds
11th edition
9781337032247, 9781305465183, 1305108043, 1337032247, 1305465180, 978-1305108042
