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In this case, the joint taxpayers have a combined income of $14,000 (pension income) + $22,500 (Social Security income) = 36,500 . Since $36,500 falls
In this case, the joint taxpayers have a combined income of $14,000 (pension income) + $22,500 (Social Security income) = 36,500 . Since $36,500 falls between $32,000 and $44,000, up to 50% of their Social Security benefits may be taxable
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Financial Accounting
Authors: Walter Jr. Harrison, Charles T. Horngren, C. William Thomas, Greg Berberich, Catherine Seguin
6th Canadian edition
134564146, 978-0134141091, 134141091, 978-0134564142
