In 2013,Willy gave his son 4,000 shares of ABC stock valued at $10 per share.Two weeks after the gift,ABC declared a $1 per share dividend.Willy also gave his son some municipal bonds the morning of June 30.On July 3,Willy received a check for $400 for the interest on the bonds.Finally,Willy gave his son five coupons from bonds that he owned.On August 2,the son exchanged the coupons at a bank receiving the $200 interest due on the coupons.What is the son's taxable income from these events?

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The Answer of In 2013,Willy gave his son 4,000 shares of ABC stock valued at $10 per share.Two weeks after the gift,ABC declared a $1 per share dividend.Willy also gave his son some municipal bonds the morning of June 30.On July 3,Willy received a check for $400 for the interest on the bonds.Finally,Willy gave his son five coupons from bonds that he owned.On August 2,the son exchanged the coupons at a bank receiving the $200 interest due on the coupons.What is the son's taxable income from these events?

In 2013,Willy Gave His Son 4,000 Shares of ABC Stock