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Author Question: Ms. Walter, age 70, is thinking about going back to work part-time. She knows that the wages may ... (Read 62 times)

altibaby

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Question 1

Mr. & Mrs. Tsayong are both over 66 years of age and are filing a joint return. Their income this year consisted of the following:



They did not have any adjustments to income. What amount of Mr. & Mrs. Tsayongs Social Security benefits is taxable this year?
◦ $0
◦ $4,500
◦ $10,000
◦ $20,000

Question 2

Ms. Walter, age 70, is thinking about going back to work part-time. She knows that the wages may affect the taxability of her Social Security benefits. What is the maximum percentage of Social Security benefits that could become taxable?
◦ 0%
◦ 50%
◦ 85%
◦ 100%


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Marked as best answer by altibaby on Sep 13, 2020

AaaA

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altibaby

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Reply 2 on: Sep 13, 2020
Excellent


TheDev123

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Reply 3 on: Yesterday
Great answer, keep it coming :)

 

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