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1) Tala, who is married and filing joint return, received $30,000 interest and dividend income in 2019. She also received $10,000 interest from municipal bonds.

1) Tala, who is married and filing joint return, received $30,000 interest and dividend income in 2019. She also received $10,000 interest from municipal bonds. Her MAGI for 2019 is $58,000. How much of her social security benefit is taxable?

A.

some other amount.

B.

$36,000.

C.

$17,900.

D.

$30,600.

E.

$6,000.

2) Mona, a single individual, received $17,000 of dividend income, $40,000 of interest income from tax-exempt bonds, and $15,000 in Social Security benefits in 2019.

What is the taxable portion of Monas social security benefits?

A.

$30,425.

B.

$15,000.

C.

some other amount.

D.

$7,500.

E.

$12,750.

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