Heloise,age 74 and a Widow,is Claimed as a Dependent by Her

question 145

Essay

Heloise,age 74 and a widow,is claimed as a dependent by her daughter.For 2014,she had income as follows: $2,500 interest on municipal bonds;$3,200 Social Security benefits;$3,000 income from a part-time job;and $2,800 dividends on stock investments.What is Heloise's taxable income for 2014?

---

Definitions:

HD

Typically refers to "High Definition," denoting a high level of detail in images or videos, but in a financial context, it could relate to "Home Depot" stock symbol or a concept not standardized across finance.

Operating Costs

Expenses associated with the day-to-day functions of a business, excluding the costs associated with producing goods or services.

Days Sales Outstanding

A measure of the average number of days that it takes a company to collect payment after a sale has been made, indicating the effectiveness of a company's credit and collection policies.

Receivables

Money owed to a company by its customers for goods or services that have been delivered or used but not yet paid for.