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In 2019, Uriah Received the Following Interest Payments: Interest of $300

Question 87

Multiple Choice

In 2019, Uriah received the following interest payments: Interest of $300 on an overpayment of 2018 Federal income taxes
Interest of $400 from his bank certificate of deposit.
Interest of $1,000 on municipal bonds
Interest of $1,500 on US savings bonds (Series HH)
What amount, if any, should Uriah report as taxable interest income on his 2019 individual income tax return?


A) $0
B) $700
C) $2,200
D) $3,200
E) None of these

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