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    Taxation of Individuals
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    Exam 4: Individual Income Tax Overview, Dependents, and Filing Status
  5. Question
    Lebron Received $50,000 of Compensation from His Employer and He
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Lebron Received $50,000 of Compensation from His Employer and He

Question 64

Question 64

Multiple Choice

Lebron received $50,000 of compensation from his employer and he received $400 of interest from a municipal bond. What is the amount of Lebron's gross income from these items?


A) $0.
B) $400.
C) $50,000.
D) $50,400.

Correct Answer:

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