5 Tom and Marj received taxable pension income of $20,000 total in 2022. They also received social security benefits of $13,000. They are married and file a joint tax return. Considering the base amounts for their filing status, the amount of Social Security benefits that they must include in gross income is: The entire amount of social security benefits received. 50% of the Social Security Benefits received. 85% of the Social Security benefits received. None of the social security benefits received. QUESTION 6 Which of the following taxes are proportional (rather than progressive)? State general sales tax. Federal income tax Federal estate tax Federal gift tax QUESTION 7 Money Corporation presently pays employees on the last day of each month. The company is changing its policy so that each month's salaries will be paid on the first day of the following month. What is the effect on a cash-basis employee of this change in company policy for paying its December 2022 salaries on 1/1/23 instead of 12/31/22? The employee would be required to recognize the income in December 2022 because it is earned at the end of the month. The employee can elect to either include the pay in 2022 or 2023. The employee will recognize the income when it is received in 2023 since they are a cash-basis taxpayer. The employee would be required to recognize the income in December 2022 because the employee has a claim of right to the income when it is earned. QUESTION 8