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Sarah, a Widow, Is Retired and Receives $20,000 Interest Income

Question 58

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Sarah, a widow, is retired and receives $20,000 interest income and dividends and $10,000 in Social Security benefits.
Sarah is considering selling a stock at an $8,000 gain. What will be the increase in Sarah's gross income as a result of the sale of the stock?

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None of Sarah's Social Security benefits...

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