Determining amount as interest income on tax return


Assignment Problem: In 2018, Uriah Tsote received the following payments:

Interest on refund of federal income tax for 2017 $400

Interest on award for personal injuries in 2014 automobile accident $300

Interest on municipal bonds $1500

United States savings bonds interest (series H) $1000

What amount if any should Mr, Tsote report as interest income on his 2018 tax return?

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Taxation: Determining amount as interest income on tax return
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