Ms. Green is single and over 65 years old. She received the following income in 2012: She did not have any adjustments to income. What is the taxable amount of Ms. Green's social security?

Question

Ms. Green is single and over 65 years old. She received the following income in 2012:  She did not have any adjustments to income. What is the taxable amount of Ms. Green's social security?

Quizplus · Accepted Answer

Ms. Green must include $11,900 of her social security beneﬁts in her gross income
 (a
) $14,000 × 85% = $11,900
(b
) [($50,000 - $34,000) × 85%] + $4,500 = $18,100

Ms Green Is Single and Over 65 Years Old