Business

30 December, 12:58

Clark claimed the standard deduction in the previous tax year. In the current year, he received a state income tax refund of $900, 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?

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