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in addition to Social Security benefits of $8,000, Mr. and Mrs. Wells have adjusted gross income of $32,000 and tax-exempt interest of S1,000. They will

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in addition to Social Security benefits of $8,000, Mr. and Mrs. Wells have adjusted gross income of $32,000 and tax-exempt interest of S1,000. They will file a joint return. The taxable portion of their Social Security benefits will be $4,000. So. $2,500 $8,000

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