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The decedent died on June 30, Year 1. The decedent used the cash method of accounting and a calendar year-end. What total amount of the
The decedent died on June 30, Year 1. The decedent used the cash method of accounting and a calendar year-end. What total amount of the following is includible in the decedent's final return (Form 1040)? Taxable Interest (earned equally all year) $2,000 Dividends (declared on June 15, Year 1 and received on July 10, Year 1) 500 Final wages (received July 10, Year 1) 2,500 Total $5,000 A. $3,500 B. $2,500 C. $1,000 D. $4,000
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