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Leigh inherited $65,000 of City of New York bonds in January 2010. In March 2010, she received ...

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Leigh inherited $65,000 of City of New York bonds in January 2010. In March 2010, she received ...

Leigh inherited $65,000 of City of New York bonds in January 2010. In March 2010, she received $4,000 of interest on the bonds. In July 2010, she sold the bonds at a $10,000 gain. Leigh also redeemed Series E U.S. Savings bonds in October 2010 that she had purchased several years ago and received accumulated interest of $2,600. In December 2010, 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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Prentice Hall's Federal Taxation: 2011: Individuals

Edition: 14^th

Authors: Pope, Anderson, Kramer

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Prentice Hall's Federal Taxation by Kramer

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We do not judge the people we love.

Prentice Hall's Federal Taxation by Kramer

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