Leigh inherited $65,000 of City of New York bonds in January 2018. In March 2018, she received $4,000 of interest on the bonds. In July 2018, she sold the bonds at a $10,000 gain. Leigh also redeemed Series E U.S. Savings bonds in October 2018 that she had purchased several years ago and received accumulated interest of
$2,600. In December 2018, she received $800 of interest on City of Paris, France, bonds. What amount, if any, of gross income must Leigh report?

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The Answer of Leigh inherited $65,000 of City of New York bonds in January 2018. In March 2018, she received $4,000 of interest on the bonds. In July 2018, she sold the bonds at a $10,000 gain. Leigh also redeemed Series E U.S. Savings bonds in October 2018 that she had purchased several years ago and received accumulated interest of
$2,600. In December 2018, she received $800 of interest on City of Paris, France, bonds. What amount, if any, of gross income must Leigh report?

Leigh Inherited $65,000 of City of New York Bonds in January