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Please go to https://www.irs.gov/pub/irs-pdf/f6744.pdf page 27, Basic Scenario 7 and answer to the following questions. 15. What is the correct amount of taxable interest shown
Please go to https://www.irs.gov/pub/irs-pdf/f6744.pdf page 27, Basic Scenario 7 and answer to the following questions.
15. What is the correct amount of taxable interest shown on the Graves' Form 1040, line 8a?
A. $0
B. $9
C.$80
D,$89
16. The taxable amount of Warren's Social Security income is $17,000?
a) True
b) false
17. Warren is over 65, therefore, what is the amount of the Graves' standard deduction?
19. Is there a shared responsibility payment on the Graves' Form 1040, page 2?
a) Yes
b) No
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