Business, 23.11.2019 06:31 sarahcn9876

In 2018, uriah received the following interest payments:
a) interest of $300 on an overpayment of 2017 federal income taxes
b) interest of $400 from his bank certificate of deposit.
c) interest of $1,000 on municipal bonds
d) interest of $1,500 on us savings bonds (series hh)
what amount, if any, should uriah report as taxable interest income on his 2018 individual income tax return?
a. $0
b. $700
c. $2,200
d. $3,200
e. none of the above

Answers: 1

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In 2018, uriah received the following interest payments:
a) interest of $300 on an overpayme...

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