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During the 2019 tax year, Thomas and Yolanda received $30,000 in Social Security benefits. The amount of their pension for the year was $33,000 and
During the 2019 tax year, Thomas and Yolanda received $30,000 in Social Security benefits. The amount of their pension for the year was $33,000 and they received tax-exempt interest income of $18,000. Calculate the amount of the Social Security benefits that Thomas and Yolanda must include in their gross income for 2019. SHOW ALL WORK!
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