Heather's interest and gains on investments for the current year are as follows:
Heather's adjusted gross income from the above is: or;

Heather must report gross income in the amount of:

Question

Heather's interest and gains on investments for the current year are as follows: ​
 Heather's adjusted gross income from the above is: or;
​
Heather must report gross income in the amount of:
​

Quizplus · Accepted Answer

Heather's gross income would be the sum of her interest and gains on investments, which comes out to $1,400 ($400 + $1,000). This would be reported as part of her adjusted gross income for the year.

Heather's Interest and Gains on Investments for the Current Year