Question
During 2020, Sandeep had the following transactions: Salary $120,000 Interest income on City of San Francisco bonds 2,000 Damages for personal injury (car accident) 40,000
During 2020, Sandeep had the following transactions:
Salary $120,000
Interest income on City of San Francisco bonds 2,000
Damages for personal injury (car accident) 40,000
Income from selling illegal narcotics 50,000
Punitive damages (same car accident)15,000
Cash dividends from Amazon Corporation stock 7,000
Sandeep's AGI is:
$177,000
$192,000
$194,000
$234,000
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BondsA Concise Guide For Investors
Authors: M. Choudhry
2nd Edition
0230006493, 9780230006492
