Tax MCQ MBA Tax Chapter 3 John Budd is single, with no dependents. During 2015, John received wages of $11,000 and state unemployment compensation benefits of $2,000. He had no other source of income. The amount of state unemployment compensation benefits that should be included in John's 2015 adjusted gross income is

John Budd is single, with no dependents. During 2015, John received wages of $11,000 and state unemployment compensation benefits of $2,000. He had no other source of income. The amount of state unemployment compensation benefits that should be included in John's 2015 adjusted gross income is

MBA Tax Chapter 3

John Budd is single, with no dependents. During 2015, John received wages of $11,000 and state unemployment compensation benefits of $2,000. He had no other source of income. The amount of state unemployment compensation benefits that should be included in John's 2015 adjusted gross income is

A. 500
B. 1000
C. 2000
D. 0

Answer: C

Tax MCQ

John Budd is single, with no dependents. During 2015, John received wages of $11,000 and state unemployment compensation benefits of $2,000. He had no other source of income. The amount of state unemployment compensation benefits that should be included in John's 2015 adjusted gross income is

John Budd is single, with no dependents. During 2015, John received wages of $11,000 and state unemployment compensation benefits of $2,000. He had no other source of income. The amount of state unemployment compensation benefits that should be included in John's 2015 adjusted gross income is

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