Question
Wilma, age 70 and single, is claimed as a dependent on her daughter's tax return. During 2016, she had interest income of $2,500 and $800
Wilma, age 70 and single, is claimed as a dependent on her daughter's tax return. During 2016, she had interest income of $2,500 and $800 of earned income from babysitting. Wilma's taxable income is:
a. $2,250
b. $700
c. $1,750
d. $900
e. None of these choices are correct.
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Auditing Theory And Practice
Authors: Arun Kumar & Rachana Sharma
1st Edition
8171567207, 978-8171567201
