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  3. funny thing is , taxable interest is 624, not 623.

funny thing is , Taxable interest is 624, not 623.63. Total amount from...

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Accounting

funny thing is , Taxable interest is 624, not 623.63.
Total amount from Form(s) W-2, box 1:
Donna's W-2: $50,198.00
Chris's W-2: $3,200.00
Total: $53,398.00
Taxable interest:
$623.63
Other income from Schedule 1, line 10:
Scholarship received by Chris: $1,750.00
Prize from CER sweepstakes won by Chris: $10,000.00
Gifts received by Donna:
Value of tickets to professional football game: $200.00
Value of flowers: $40.00
Child support paid by Chris: $300.00 per month x 12 months = $3,600.00
Inheritance received by Chris: $15,000.00
Total: $30,590.00
Add lines 1,2, and 3:
$53,398.00(line 1)+ $623.63(line 2)+ $30,590.00(line 3)= $84,611.63

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