Multiple Choice $2-48$

Social Security Beneits $(L02\mathrm{.}16)$

Generally, when calculating the taxable portion of Social Security benefits, modified adjusted gross income $($MAGI$)$ is adjusted gross income $($withourt

a$.$ Plus tax$-$exempt interest.

b$.$ Less personal and dependency exemptions.

c$.$ Less itemized deductions.

d$.$ Less tax$-$exempt interest plus any foreign income exclusion.

e$.$ Less tax$-$exempt interest income.