Question
In 2012, Uriah Stone received the following payments. Interest on refund of federal income tax for 2011: $400 Interest on award for personal injuries in
In 2012, Uriah Stone received the following payments. Interest on refund of federal income tax for 2011: $400 Interest on award for personal injuries in 2009 automobile accident: $300 Interest on municipal bonds: $1,500 United States savings bonds interest (Series H): $1,000 What amount, if any, should Mr. Stone report as interest income on his 2012 tax return?
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CIA Part 3 Business Knowledge For Internal Auditing 2021
Authors: MUHAMMAD ZAIN
1st Edition
B09B23JKZ8, 979-8739475527
