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:

Evidence-Based Practice

The integration of clinical expertise, patient values, and the best research evidence into the decision-making process for patient care.

Collaborative Care Planning

A patient-centered approach involving multi-disciplinary teams in the planning and implementation of health care strategies.

Critical Thinking

The objective analysis and evaluation of an issue in order to form a judgment.

Reasoning Skills

The ability to think logically, make decisions, and solve problems effectively.