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Betty is a single retiree who receives Social Security benefits of $12,000,tax-exempt interest of $4,000 and a taxable pension. Determine the amount of taxable Social

Betty is a single retiree who receives Social Security benefits of $12,000,tax-exempt interest of $4,000 and a taxable pension. Determine the amount of taxable Social Security benefits assuming her annual pension is

a. $10,000

b. $20,000

c. $50,000

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