owias two rental properties. Based on the following must inelude in his 2016 gross rental income. 3. Johnny, a cash basis taxpayer, rental prope Property WI, security deposit on one-year lease recelved 2/1/16 $500.00 All of deposit on one-year lease received on 2/1/16, all of deposit is 1/17) returned at lease end Property W1, payment recelved 2/1/16 for the last month of the lease C Property #1, rental income received in 2013, 2/13-2/16 Property #2, rental income recelved in 2013, 1/13-12/16 $700 $7,700 $ 9,000 deposit received 1/1/16 to be used for the last month's rent5750 S 800 Property #2, rent received 12/28/16 4 Roger Burrows, age 19 is a full-time student at Marshall College and a candidate for a bachelor's degree. During 2016 he received the following payments State scholarship and tuition $3600 Loan from college financial aid office $1,500 Cash support from parents Cash dividends on qualified investments $700 Cash prize from contest $500 What is Burrows gross income from 2016? $ 3,000 5a. Mr. W. is a 66-year-old single man. Hlis income for 2016 consisted of the following: Taxable pension Taxable dividends$5,000 Taxable interest$2,000 Social Security payments Tax-exempt interest$7,000 He did not have any adjustments to income. What amount of W's social security benefits is taxable? $10,000 S5,000 5b. What is Mr. W's taxable income? 5c. Mr. and Mrs. Birch are both over 65 years of age and are filing a joint return. Their in in 2016 consisted of the following