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Heather inherited $8,000 of City of Detroit bonds in February. In March, she received interest of $700, and in April she so Heather redeemed Series
Heather inherited $8,000 of City of Detroit bonds in February. In March, she received interest of $700, and in April she so Heather redeemed Series EE US savings bonds that she had purchased several years ago. The accumulated interest totaled $2,000. Heather received $300 of interest on bonds issued by the City of Toronto, Canada (The proceeds of the bonds were not used to pay college expenses) Requirement What amount, if any, of gross income must Heather report? (If an input field is not used, leave the input field(s) empty, do not select a fabel or enter a zero) Income Source of income Total gross income
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