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Sally W. Emanual had the following dividends and interest during the current year. Acorn Corporation bond interest $700 City of Boston bongs interest 1,000 Camp
Sally W. Emanual had the following dividends and interest during the current year. Acorn Corporation bond interest $700 City of Boston bongs interest 1,000 Camp Bank interest 1,250 Jet Corporation dividend(Qualified) 1,300 North Mutual fund Capital gain distribution 100 Ordinary dividend(Qualified) 150 Nontaxable distribution +200 ---> 450 Blue Corporation foreign dividend 250 Additional information pertaining to Sally Emanual includes Salary 30,000 Rent Income 12,000 Expenses related to rent income 14,000 Pension benefits 8,000 Alimony paid to Sally 4,000 The taxable portion of the pension is $7,000. Sally actively participates in the rental activity. Other relevant information includes Address: 430 Rumsey Place, West Falls, California 92699 Occupation: Credit Manager SSN: 123-45-4321 Martial status: Single Complete Sally's Schedule B and page 1 of her Form 1040. Assume Schedule E has already been prepared
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