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Henry Adams, an unmarried taxpayer, received the following amounts during 2 0 2 4 : Interest on savings accounts $ 1 , 0 0 0

Henry Adams, an unmarried taxpayer, received the following amounts during 2024:
Interest on savings accounts
$1,000
Interest on municipal bonds used for road construction
500
Dividends on General Steel common stock
750
Dividends on life insurance policies (cumulative dividends do not exceed premiums)
200
Adams should report taxable income, after exclusions, if any, from dividends and interest for 2024 in the total amount of
$2,250
$1,750
$1,950
$1,450

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