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13, Taxpayer G) Social Security Benefits (Obj. 2) 307 Taxpayer G received social security (SS) benefits during the year. Information used to determine the taxable
13, Taxpayer G) Social Security Benefits (Obj. 2) 307
Taxpayer G received social security (SS) benefits during the year. Information used to determine the taxable amount of their benefits is provided below.
- Filing status: Married filing jointly
- Social security benefits received: $11,000
- AGI before SS benefits: $24,000
- 50% SS benefits: $5,500
- Tax-exempt interest received: $ 400
Compute the amount of taxable social security benefits that taxpayer G would include in gross income.
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