Question Details
George and Weezy received $31,300 of Social Security benefits
this year ($12,100 for George; $19,200 for Weezy). They also
received $5,350 of interest from jointly owned City of Ranburne
Bonds and dividend income.
|
What amount of the Social Security benefits must George and
Weezy include in their gross income under the following independent
situations?
|
| a. |
George and Weezy file married joint and receive $9,850 of
dividend income from stocks owned by George.
|
| b. |
George and Weezy file married separate and receive $9,850 of
dividend income from stocks owned by George.
|
| c. |
George and Weezy file married joint and receive $34,400 of
dividend income from stocks owned by George.
|
| d. |
George and Weezy file married joint and receive $17,200 of
dividend income from stocks owned by George.
|
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This question was answered on: Dec 08, 2020
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DATE ANSWEREDDec 08, 2020
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