Ron and Gayle, both over 65 years of age, have the following sources of income: Consulting income
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Ron and Gayle, both over 65 years of age, have the following sources of income: Consulting income of $36600 Interest income 4900 Tax-exempt interest of 4420 Social security benefits 13800 Ron and Gayle have itemized deductions of $16,000. How much of their social security benefit is taxable?
Related Book For
Income Tax Fundamentals 2013
ISBN: 9781285586618
31st Edition
Authors: Gerald E. Whittenburg, Martha Altus Buller, Steven L Gill
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