Jing, who is single, paid educational expenses of $16,000 in 2018. He redeemed Series EE bonds and received principal of $8,000 and interest of $3,000. Jing has other adjusted gross income of $83,550. With respect to the $3,000 of bond interest, Jing must include in taxable income
A) $1,400.
B) $1,600.
C) $3,000.
D) $0.
Correct Answer:
Verified
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