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Exercise 4-26 (Algorithmic) (LO. 4) Determine the taxable amount of Social Security benefits for the following situations. If required, round your answers to the nearest

Exercise 4-26 (Algorithmic) (LO. 4) Determine the taxable amount of Social Security benefits for the following situations. If required, round your answers to the nearest dollar. If an amount is zero, enter "0". a. Tyler and Candice are married and file a joint tax return. They have adjusted gross income of $42,200 before considering their Social Security benefits, no tax-exempt interest, and $14,770 of Social Security benefits. As a result, $ 7,385 of the Social Security benefits are taxable. of the b. Assume Tyler and Candice have adjusted gross income of $17,600 before considering their Social Security benefits, no tax-exempt interest, and $19,360 of Social Security benefits. As a result, $ Social Security benefits are taxable. c. Assume Tyler and Candice have adjusted gross income of $112,000 before considering their Social Security benefits, no tax-exempt interest, and $16,800 of Social Security benefits. As a result, $ Social Security benefits are taxable. of the

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