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Bernie is a former executive who is retired. This year Bernie received $250,000 in pension payments and $10,000 of social security payments. What amount must

  1. Bernie is a former executive who is retired. This year Bernie received $250,000 in pension payments and $10,000 of social security payments. What amount must Bernie include in his gross income?

    A.

    $255,000

    B.

    $258,500

    C.

    Zero

    D.

    $250,000

    E.

    $260,000

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