Essay
Sarah is single and retires in 2017.During 2017,Sarah's income consists of a $24,000 taxable pension and $10,000 in Social Security benefits.
a.How much of the Social Security benefits must be included in Sarah's 2017 gross income?
b.If Sarah also receives $7,000 in tax-exempt interest in 2017,how much of the Social Security benefits must be included in her 2016 gross income?
Correct Answer:
Verified
Correct Answer:
Verified
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