Oliver, who is single, received social security benefits of $$8,700,$ dividend income of $$12,690,$ and interest income of $$2,200.$ Except as noted, those income items are reasonably consistent from year to year. At the end of $2023,$ Oliver is considering selling stock that would result in an immediate gain of $$10,400,$ a reduction in future dividends of $$1,100,$ and an increase in future interest income of $$1,600.$

Required:

What amount of social security benefits is taxable to Oliver?

Amount of Taxable Social Security Benefits

Oliver does not sell stock

Oliver sells stock