Nigel and Sylvia are married and are both residents of, and domiciled in, California. On...
80.2K
Verified Solution
Link Copied!
Question
Accounting
Nigel and Sylvia are married and are both residents of, and domiciled in, California. On August 31 of 2021, they split up and filed for divorce with no intentions of reconciling. Nigel earned $4,000 each month of 2021 and Sylvia earned $2,000 a month from June through the end of the year. A joint bank account paid them interest of $200 each month. They will file married filing separately. How much will Sylvia report on her tax return?
$7,000
$8,200
$28,200
$32,200
Answer & Explanation
Solved by verified expert
Get Answers to Unlimited Questions
Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!
Membership Benefits:
Unlimited Question Access with detailed Answers
Zin AI - 3 Million Words
10 Dall-E 3 Images
20 Plot Generations
Conversation with Dialogue Memory
No Ads, Ever!
Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!