Ms. Santana is single and over 65 years old. She received the following income in 2020: Interest
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Ms. Santana is single and over 65 years old. She received the following income in 2020:
Interest from certificates of deposit | $3,000 |
Tax-exempt interest | 6,000 |
Taxable dividends | 5,000 |
Taxable pension | 15,000 |
Wages from consulting work | 9,000 |
Social Security | 14,000 |
She did not have any adjustments to income. What is the taxable amount of Ms. Santana's Social Security?
Related Book For
Income Tax Fundamentals 2013
ISBN: 9781285586618
31st Edition
Authors: Gerald E. Whittenburg, Martha Altus Buller, Steven L Gill
Posted Date: