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Question 3 (6 points) Loki is single and retired. This year Loki received $16,000 in qualified dividends, $5,000 in municipal bond interest and $12,000 of
Question 3 (6 points) Loki is single and retired. This year Loki received $16,000 in qualified dividends, $5,000 in municipal bond interest and $12,000 of Social Security payments. What amount must Loki include in his gross income from the Social Security payments? Taxable Social Security Nebula is single and retired. This year Nebula received $29,000 in qualified dividends, $7,500 in muni bond interest and $19,000 of Social Security payments. What amount must Nebula include in her gross income from the Social Security payments? Taxable Social Security Dr Doom is a former executive who is married and retired. This year Dr Doom received $285,000 in qualified dividends. $13,500 in muni interest payments and $73,200 of Social Security payments. What amount must Di Doom include in his gross income from the Social Security payments? Taxable Social Security
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