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vodka [1.7K]
3 years ago
15

Clark claimed the standard deduction in the previous tax year. In the current year, he received a state income tax refund of $90

0, plus interest of $10, from the withholding of his previous year's state income taxes. In addition, Clark received a $1,000 income tax refund from the IRS. How much income must Clark include in his current-year federal tax return as a result of these refunds and interests?
Business
1 answer:
Lady bird [3.3K]3 years ago
3 0

Answer:

2000 i think

Explanation:

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The umbrella policy also has broad coverage that covers some claims that wouldn't be covered at all by home and auto insurance, such as personal injury lawsuits arising from false arrest, slander and libel, or rental units that the insured may own. Not only is the cost of direct damages covered, but also the cost of consequential damages, such as the lost income suffered by a severely injured person because of the injuries. The personal umbrella policy also pays for the legal defense of lawsuits that is in addition to the policy limit for damages. So if you are sued and held liable for $1 million, and your legal costs are $200,000, then a policy providing $1 million of coverage will pay the full claim plus the $200,000 for legal costs.

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Answer:

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6 0
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