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Compute the taxable SS benefits in the following situations: 1. Edward and Emily are married and file a joint tax return. they have adjusted gross
Compute the taxable SS benefits in the following situations:
1. Edward and Emily are married and file a joint tax return. they have adjusted gross income of $46,000 no tax exempt interest, and $12,400 of SS benefits.
2. Edward and Emily have adjusted gross income of $12,000 no tax exempt interest, and $16,000 of SS benefits.
3. Edward and Emily have adjusted gross income of $85,000 no tax exempt interest and $15,000 of SS benefits.
Please explained in a detailed way and show how you got the numbers.
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