Nigel and Sylvia are married and are both residents of, and domiciled in, California. On August 31 of 2022, they separated and filed for divorce with no intentions of reconciling. Nigel earned $4.000 each month during the year and Sylvia earned $2,000 a month from June through the end of the year. A joint bank account paid them interest of $200 each month. They will file married/RDP filing separately. How much income will be reported on Sylvia's tax return? Nigel $4,000/m x 12 $48,000 + $1,000=849,200 $1,200 $7,000 $8,200 $28,200 $32.200 Mark Mark for follow up 519,000 $2,400 13508 Sylvice & ,000/m x #² $200/mx/2 2,000 X 7= $14000 + 200 X (2 2,000

Nigel and Sylvia are married and are both residents of, and domiciled in, California. On August 31 of 2022, they separated and filed for divorce with no intentions of reconciling. Nigel earned $4.000 each month during the year and Sylvia earned $2,000 a month from June through the end of the year. A joint bank account paid them interest of $200 each month. They will file married/RDP filing separately. How much income will be reported on Sylvia's tax return? Nigel $4,000/m x 12 $48,000 + $1,000=849,200 $1,200 $7,000 $8,200 $28,200 $32.200 Mark Mark for follow up 519,000 $2,400 13508 Sylvice & ,000/m x #² $200/mx/2 2,000 X 7= $14000 + 200 X (2 2,000

SWFT Essntl Tax Individ/Bus Entities 2020

23rd Edition

ISBN:9780357391266

Author:Nellen

Publisher:Nellen

Chapter10: Individuals: Income, Deductions, And Credits

Section: Chapter Questions

Problem 1CE

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