IRS logo PrintHelpGlossaryReferences
  Income
  Interest Income  PreviousNext

Topic Activity

Your Next Client (continued)
 Form 1040A's line 8a, Taxable interest.

The scenario continues. Randy and Ann have three Forms 1099-INT:

Epping National Bank, $62
Epping Credit Union, $178
Brenton Savings and Loan, $760

Click here to view Form 1040A.

How much interest income should they report on their Form 1040A, line 8a?

None
$760
$240
$1,000

 ExitHome  Select the correct answer, then click Next to continue.  Page 52 of 53  PreviousNext