mited States (en_us) - Generally, interest income is taxed at preferential (lower) tax rates and...
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mited States (en_us) - Generally, interest income is taxed at preferential (lower) tax rates and dividend income is taxed at ordinary rates. Question 17 Not yet answered Points out of 4.00 P Flag question Select one: oa. True b. False Question 18 Not yet answered Opal deducted $2,400 of state income taxes on her tax return last year. This year she received a state income tax refund of $170. What amount of the refund, if any, should Opal include in her gross income if last year her total itemized deductions exceeded her standard deduction by $350? Points out of 4.00 P Flag question Select one: a. $2,050 b. $350 O c. $180 O d. $170 e. None of these - refunds of state income taxes are not included in gross income
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