Which of the following is not included in gross income when received? Select one: a interest received on bank accounts b. refundable security deposit c. royalties paid to an author d amounts received to cancel or modify a lease In 2018 , Bruce and Lashana (both 50 years old), file a joint tax return claiming as a dependent their son who is blind Theif standard deduction is Select one a. $24,000 b. $13,600 c. $25,600 d $25,300 Select one. a. $130,000 b. $135,692 c. $134,000 d. $145,000 In 2018, Richard, a single taxpayer, has adjusted gross income of $40,200. His AGl includes $4,000 of qualified dividends. Richard does not itemize deductions What is his 2018 federal income tax? Select one a. None of the above b. $3,314 c. $3,194 d $2,714 All of the following items are deductions for adjusted gross income except Select one a. trade or business expenses. b. state and local income taxes. c. rent and royalty expenses d. charnable contributions made AB Partnership earns $500,000 in the current yeat. Partners A and B are equal partners who do not receive any distributions during the year. How much income does partner A report from the partnership? Select one: a. $250,000 b. None of these. c. $500,000 d 50