Business
Business, 11.02.2021 18:00, Banana2819

Simba and Zola are married but file separate returns. Simba received $53,200 of salary and $9,900 of taxable dividends on stock he purchased in his name and paid from the salary he earned since the marriage. Zola collected $2,900 in taxable interest on a certificate of deposit she inherited from her aunt. Compute Zola's gross income under two assumptions as to the state of residency of the couple.

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Simba and Zola are married but file separate returns. Simba received $53,200 of salary and $9,900 of...

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