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Posted on Nov 22, 2022

Mary and John Hedlon, ages 62 and 67, respectively, are marriedand receive taxable retirement of $27,500, interest income from KeyBank of $780, Municipal Bond interest

Mary and John Hedlon, ages 62 and 67, respectively, are marriedand receive taxable retirement of $27,500, interest income from KeyBank of $780, Municipal Bond interest from City of Waterville of$1,000, and Social Security of $16,000.

How much of their social security is taxable in 2014?

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