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Doug and Pattie Received the Following Interest Income in the Current

question 46

Multiple Choice

Doug and Pattie received the following interest income in the current year:

Doug and Pattie received the following interest income in the current year: ​   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? A) $4,775. B) $4,675. C) $4,575. D) $4,300. E) None of these.
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?


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