Zola collected 900 in taxable interest on certificate of


Simba and Zola are married but file separate returns. Simba received $80,000 of salary and $1,200 of taxable dividends on stock he purchased in his name and paid from the salary that he earned since the marriage.

Zola collected $900 in taxable interest on certificate of deposit that she inherited from her aunt.

Compute Zola's gross income under two assumptions as to the state of residency of the couple.
If an amount is zero, enter "$0".

Request for Solution File

Ask an Expert for Answer!!
Financial Accounting: Zola collected 900 in taxable interest on certificate of
Reference No:- TGS01527266

Expected delivery within 24 Hours