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Question 1 1) (14 points) El is a single retiree who receives Social Security benefits of $13,000, tax-exempt interest of $4,000 and a taxable pension

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Question 1

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1) (14 points) El is a single retiree who receives Social Security benefits of $13,000, tax-exempt interest of $4,000 and a taxable pension for 2019. Determine the amount of taxable Social Security benefits assuming her annual taxable pension is: a. $12,000. b. $26,000. C. $50,000

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