Ken (birthdate July 1, 1985) and Amy (birthdate July 4, 1987) Booth have brought you the following information regarding their income, expenses, and withholding for the year. They are unsure which of these items must be used to calculate taxable income. Income

1. Ken (birthdate July 1, 1985) and Amy (birthdate July 4, 1987) Booth have brought you the following information regarding their income, expenses, and withholding for the year. They are unsure which of these items must be used to calculate taxable income. Income: Ken's salary (salesman) Amy's wages (part-time nurse) Insurance reimbursement for repairs from an $28,345 17,890 500 auto accident Gift from Uncle George Interest income from Lodge State Bank 2,000 712 Federal income taxes withheld: From Ken's salary From Amy's wages 2,200 650 Amy owns and operates a computer bookstore named "The Disk Drive." The store is located at 2000 Broadway Street, Menomonie, WI 54751. The business EIN 1. Ken (birthdate July 1, 1985) and Amy (birthdate July 4, 1987) Booth have brought you the following information regarding their income, expenses, and withholding for the year. They are unsure which of these items must be used to calculate taxable income. Income: Ken's salary (salesman) Amy's wages (part-time nurse) Insurance reimbursement for repairs from an $28,345 17,890 500 auto accident Gift from Uncle George Interest income from Lodge State Bank 2,000 712 Federal income taxes withheld: From Ken's salary From Amy's wages 2,200 650 Amy owns and operates a computer bookstore named "The Disk Drive." The store is located at 2000 Broadway Street, Menomonie, WI 54751. The business EIN