Jack and Jill are married. This year Jack earned $72,250, Jill earned $82,250, and they received $11,800 of interest income from a joint savings account. How much gross income would Jack report if he files married filing separately from Jill?
A) $72,250 if they reside in a common law state.
B) $77,250 if they reside in a community property law state.
C) $94,050 if they reside in a common law state.
D) $83,150 if they reside in a community property law state.
E) None of the choices are correct.
Correct Answer:
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