Judy Bell is disabled and during 2022 she received Social Security payments of $24,000, alimony of $16,000
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Judy Bell is disabled and during 2022 she received Social Security payments of $24,000, alimony of $16,000 and $6,000 in interest on her muni bonds and $2,000 interest on her bank certificate of deposits. Please provide a tax memo on how these amounts are treated for tax purposes and if she can contribute to an IRA this year?
Related Book For
South Western Federal Taxation 2018 Essentials Of Taxation Individuals And Business Entities
ISBN: 9781337386173
21st Edition
Authors: William A. Raabe, James C. Young, Annette Nellen, David M. Maloney
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