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Business, 18.02.2021 21:30 max280

Elmer received the following distributions from Virginiana Mutual Fund for the calendar year 2020: Ordinary dividends $250 Capital gain distributions $170 Nontaxable distributions $80 Elsie, Elmer's wife, did not own any of the Virginiana Mutual Fund shares, but she did receive $1,475 in interest on a savings account at the Moss National Bank and $175 in interest on California Municipal Bonds. Elmer and Elsie filed a joint income tax return for 2020. What amount is reportable as taxable interest income

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Elmer received the following distributions from Virginiana Mutual Fund for the calendar year 2020: O...
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