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Doug and Pattie Received the Following Interest Income in the Current

question 82

Multiple Choice

Doug and Pattie received the following interest income in the current year:
 Savings account at Greenbacks Bank$4,000 United States Treasury bonds 250Interest on State of Iowa bonds 200 Interest on Federal tax refund 150 Interest nn state income tax refiud 75\begin{array}{llr} \text { Savings account at Greenbacks Bank} &\$4,000\\ \text { United States Treasury bonds } &250\\ \text {Interest on State of Iowa bonds } &200\\ \text { Interest on Federal tax refund } &150\\\text { Interest nn state income tax refiud }&75\end{array}

Greenbacks Bank also gave Doug and Pattie a cellular phone (worth $100) for opening the savings account. What amount of interest income should they report on their joint income tax return?


Definitions:

Hand Gestures

Movements of the hands and arms used to convey messages or express emotions nonverbally.

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A traditional gesture of insult in Greek culture, involving the extension of all five fingers and presenting the palm towards someone.

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