Question 28 of 50. Carlos is single and required to file a return. During the year, he received $900 in interest from a certificate of deposit held with his local bank. He also received $725 in interest from U.S. Treasury securities and $300 in municipal bond interest. Where on his tax return will Carlos report this income? Form 1099-INT. Directly on Form 1040, page 1. The Qualified Dividends and Capital Gain Tax Worksheet. Schedule B. Mark for follow up

FINANCIAL ACCOUNTING
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ISBN:9781259964947
Author:Libby
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Chapter1: Financial Statements And Business Decisions
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Question 28 of 50.
Carlos is single and required to file a return. During the year, he received $900 in interest from a certificate of deposit held with his local bank. He also
received $725 in interest from U.S. Treasury securities and $300 in municipal bond interest. Where on his tax return will Carlos report this income?
Form 1099-INT.
Directly on Form 1040, page 1.
The Qualified Dividends and Capital Gain Tax Worksheet.
Schedule B.
Mark for follow up
Transcribed Image Text:Question 28 of 50. Carlos is single and required to file a return. During the year, he received $900 in interest from a certificate of deposit held with his local bank. He also received $725 in interest from U.S. Treasury securities and $300 in municipal bond interest. Where on his tax return will Carlos report this income? Form 1099-INT. Directly on Form 1040, page 1. The Qualified Dividends and Capital Gain Tax Worksheet. Schedule B. Mark for follow up
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