Todd and Hillary,husband and Wife,file Separate Returns

question 88

Multiple Choice

Todd and Hillary,husband and wife,file separate returns.Todd and Hillary live in a community property state that considers separate property income to be community income.Todd's salary is $82,000 and Hillary's salary is $80,000.Hillary receives dividend income of $7,000 from stock inherited from her parents.Todd receives interest income of $5,000 from bonds purchased with his salary after marriage.Todd and Hillary receive $10,000 dividend income from stock they purchased jointly.Todd's income would be

• A)$92,000.
• B)$93,000.
• C)$94,500.
• D)$97,000.

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Definitions:

Ecological Validity

A property of research such that the focus of study is something that occurs naturally outside an experimental laboratory.

Naturalistic Observation

A research paradigm in which an observer observes participants in familiar everyday contexts while ideally remaining as unobtrusive as possible.

Experiment

A test of a scientific theory in which the researcher manipulates the independent variable.

Experiment

A method of research in the sciences or social sciences in which a controlled procedure is conducted to test a hypothesis, observe effects, and establish cause and effect relationships.