Question
Required information Skip to question [The following information applies to the questions displayed below.] George and Wanda received $31,900 of Social Security benefits this year
Required information Skip to question [The following information applies to the questions displayed below.] George and Wanda received $31,900 of Social Security benefits this year ($12,400 for George; $19,500 for Wanda). They also received $5,500 of interest from jointly owned City of Ranburne Bonds and dividend income. What amount of the Social Security benefits must George and Wanda include in their gross income under the following independent situations? Note: Do not round intermediate calculations. Round your final answers to the nearest whole dollar amount. Leave no answer blank. Enter zero if applicable.
a. George and Wanda file married joint and receive $10,150 of dividend income from stocks owned by George.
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