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:

Prothrombin

A protein present in blood plasma that is converted into active thrombin during coagulation, playing a key role in blood clot formation.

Fibrinogen

A soluble plasma protein that is converted to the insoluble protein fibrin during blood clotting.

Fibrin

A fibrous protein involved in the clotting of blood, formed from fibrinogen in response to injury.

Basophils

A type of white blood cell involved in allergic reactions and inflammation, characterized by the presence of granules that can release histamine and other substances.