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Shelby, single, receives $12,000 in Social Security benefits in the current year. She also receives $10,000 in taxable pension payments and $6,000 in municipal bond
Shelby, single, receives $12,000 in Social Security benefits in the current year. She also receives $10,000 in taxable pension payments and $6,000 in municipal bond interest income. How much of her Social Security benefits are included in gross income?
A. $0.
B. $10,500
C. $17,850
D. $21,000
E. $21,000
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