Taxable interest on a savings account


A dependent's only income for 2010 is $5,650 of taxable wages and $640 of taxable interest on a savings account. The dependent's 2010 taxable income is:

a. $0.

b. $940.

c. $590.

d. $340.

e. None of the above

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Accounting Basics: Taxable interest on a savings account
Reference No:- TGS060761

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