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A single, retired woman is receiving Social Security retirement benefits of $28,000 this year. Her other income is: monthly $5,000 pension payment from a previous
A single, retired woman is receiving Social Security retirement benefits of $28,000 this year. Her other income is: monthly $5,000 pension payment from a previous employer, $5,000 in tax-exempt bond interest annually, and $1,000 in dividends annually. How much of her Social Security benefit will be subject to income tax? a.$23,800. b.$0. c.$14,000. d.$28,000
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