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How much interest income must betty report on return

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Reference no: EM132759375

Problem 1: Betty earned interest of $430 on a savings account and $90 on a checking account. The $90 was withdrawn, but the $430 was left in the savings. How much interest income must Betty report on her return?

a. $430

b. $0

c. $520

d. None of these

Reference no: EM132759375

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