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John and Jane Jones have an adjusted gross income of $44,000 in 2022. john who is retired, receives social security of $29,200 per year. they
John and Jane Jones have an adjusted gross income of $44,000 in 2022. john who is retired, receives social security of $29,200 per year. they also receive $12000 a year from a mutual fund that invest solely in tax exempt municipal bonds. determine the modified adjusted gross income for John and Jane and the amount of social security income that is included in their gross income.
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