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In 2017,Uriah Received the Following Interest Payments: ​

Question 30

Multiple Choice

In 2017,Uriah received the following interest payments: ​
Interest of $300 on an overpayment of 2016 Federal income taxes
Interest of $400 from his bank certificate of deposit.
Interest of $1,000 on municipal bonds
Interest of $1,500 on United States savings bonds (Series HH)

What amount,if any,should Uriah report as taxable interest income on his 2017 individual income tax return?


A) $0
B) $700
C) $2,200
D) $3,200
E) None of the above

Correct Answer:

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