Google Answers: Federal Tax

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Q: Federal Tax ( No Answer, 0 Comments )

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Subject: Federal Tax
Category: Business and Money > Accounting
Asked by: sanjay101073-ga
List Price: $4.50

Posted: 08 Oct 2003 11:43 PDT
Expires: 09 Oct 2003 16:47 PDT
Question ID: 264276

Sarah, a widow, is retired and receives $20,000 interest income and
dividends and $8,000 in Social Security benefits.  Sarah is
considering selling a stock at a $5,000 gain.  What will be the
increase in Sarah's gross income as a result of the sale of the stock?

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