Question: Peter and Kay are married and will file a joint return. Peter was unemployed for six months during 2 0 2 3 . They brought

Peter and Kay are married and will file a joint return. Peter was unemployed for six months during 2023. They brought in the following tax documents to Jacob to prepare their return:
Peter's Form W-2 reporting wages of $22,400.
Kay's Form W-2 reporting wages of $55,300.
Peter's Form 1099-G reporting unemployment compensation of $5,200.
How much of this income is taxable and must be reported on their federal return

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