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  3. Study Set
    Taxation of Individuals
  4. Exam
    Exam 4: Individual Income Tax Overview, Exemptions, and Filing Status
  5. Question
    Sally Received $50,000 of Compensation from Her Employer and She
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Sally Received $50,000 of Compensation from Her Employer and She

Question 90

Question 90

Multiple Choice

Sally received $50,000 of compensation from her employer and she received $400 of interest from a corporate bond.What is the amount of Sally's gross income from these items?


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

Correct Answer:

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