Question: Martha files a return as a single taxpayer. She received $12,000 of social security benefits, $14,000 of interest income, and $8,000 of nontaxable municipal bond

Martha files a return as a single taxpayer. She received $12,000 of social security benefits, $14,000 of interest income, and $8,000 of nontaxable municipal bond interest. How much is the taxable income? Her social security base-threshold is $25,000.

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