Melissa has the following items.  What would be her federal income?

1. Unemployment, $10,000
2. Disability income from SDI (California), $12,000
3. Workman’s compensation, $5,000
4. A legal settlement of $3000 for wrongful termination
5. From question #1, what would be her California income?

Melissa has the following items.  What would be her federal taxable income? She lives in California

1. New York municipal bond interest, $2,000
2. California municipal bond interest, $5,000
3. Treasury bond interest, $1,000
4. Mutual fund municipal interest of which 70% is California source, $1,000
5. Mutual fund municipal interest of which 40% is California source, $1,000
6. From question #3, what would be her California income?