Todd and Hillary, husband and wife, file separate returns. Todd and Hillary live

Question

Todd and Hillary, husband and wife, file separate returns. Todd and Hillary live in a community property state that considers separate property income to be community income. Todd's salary is $82,000 and Hillary's salary is $80,000. Hillary receives dividend income of $7,000 from stock inherited from her parents. Todd receives interest income of $5,000 from bonds purchased with his salary after marriage. Todd and Hillary receive $10,000 dividend income from stock they purchased jointly. Todd's income would be

A. 92,000

B. 93,000

C. 94,500

D 97,000

Explanation / Answer

add the half of the amount from every amount

41000+40000+3500+2500+5000= 92000

answer is

A. 92,000

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