Question: . (20 points) Megan and Nikhil file a joint return for 2020 and received the following income during the year: Taxable pension..... . $23,000 Nikhil

. (20 points) Megan and Nikhil file a joint return for

. (20 points) Megan and Nikhil file a joint return for 2020 and received the following income during the year: Taxable pension..... . $23,000 Nikhil consulting income....... 10,000 Tax exempt interest income... 3,500 Taxable interest income..... 7,000 Social Security benefits....... $17,000 Compute the taxable amount of the couple's 2020 Social Security benefits, being sure to show all of your computations

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