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Matt and Becky Are Both 66 Years of Age

Question 65

Essay

Matt and Becky are both 66 years of age. Matt still works and earned $38,000 last year. Matt and Becky also have the following income:
Interest income $2,000
Social security benefits 9,000
Determine their taxable income.

Correct Answer:

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blured image Because provisional income exceeds the ...

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