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Tax Drill - Social Security Benefits Determine the taxable amount of social security benefits for the following situations. If an amount is zero, enter 0.
Tax Drill - Social Security Benefits Determine the taxable amount of social security benefits for the following situations. If an amount is zero, enter "0". a. Erwin and Eleanor are married and file a joint tax return. They have adjusted gross income of $36,000, no tax-exempt interest, and $12,400 of Social Security benefits. As a result, $ 0 X of the Social Security benefits are taxable. b. Assume Erwin and Eleanor have adjusted gross income of $12,000, no tax-exempt interest, and $16,000 of Social Security benefits. As a result, $ 0 of the Social Security benefits are taxable. c. Assume Erwin and Eleanor a result, $ have adjusted gross income of $85,000, no tax-exempt interest, and $15,000 of Social Security benefits. As 0 X of the Social Security benefits are taxable.
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