Mrs. Small had the following items of financial support this year. Social Security benefits ................................................ $13,670 Pension

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Mrs. Small had the following items of financial support this year.

Social Security benefits ................................................ $13,670
Pension from her former employer ...........................   10,800
Cash gifts from her grandchildren .............................   12,000
Mrs. Small’s pension was paid by a qualified defined-benefit plan.
Compute Mrs. Small’s AGI.

Assume the taxable year is 2018.

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Principles Of Taxation For Business And Investment Planning 2019 Edition

ISBN: 9781260161472

22nd Edition

Authors: Sally Jones, Shelley C. Rhoades Catanach, Sandra R Callaghan

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