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In 2018, Uriah Received the Following Interest Payments:Interest of $300

Question 97

Multiple Choice

In 2018, Uriah received the following interest payments:Interest of $300 on an overpayment of 2017 Federal income taxesInterest of $400 from his bank certificate of deposit.Interest of $1,000 on municipal bondsInterest of $1,500 on US savings bonds (Series HH) What amount, if any, should Uriah report as taxable interest income on his 2018 individual income tax return?


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

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