Financial Planning Exercise 5 Average Social Security benefits and taxes Use Exhibit 14,3 to estimate the average Social Security benefits for a retired couple. Assume that one spouse has a part-time job that pays $25,000 a year, and that the recipients ard aged below 67 and will lose $1 in benefits for every $2 they eam above the eamings test amount: Also assume that they would have to pay taxes of 50% on a combined income between $32,000 and $44,000 of their Social Security benefits. If their combined income is more than $44,000, up to 85% of their Social Security benefits is subject to income tax, Round your answer to the nearest dollar. Based on current policies, what would be the amount of soclal security income liable for tax? Enter zero, if no tax is liable. Round your answer to the nearest dollar $1