Jack and Jill are married.This year Jack earned $72,000 and Jill earned $80,000 and they received $4,000 of interest income from a joint savings account.How much gross income would Jack report if he files married filing separately from Jill?
A) $72,000 if they reside in a common-law state.
B) $76,000 if they reside in a community property state.
C) $84,000 if they reside in a common-law state.
D) $78,000 if they reside in a community property state.
E) All of these choices are correct.
Correct Answer:
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