Sarah,a widow,is retired and receives $24,000 interest income and dividends and $8,000 in Social Security benefits.Sarah is considering selling a stock at a $6,000 gain.What will be the increase in Sarah's gross income as a result of the sale of the stock?
The $6,000 gain will cause Sarah's taxable Social Security benefits to increase to $4,000,which is the lesser of the following:

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The Answer of Sarah,a widow,is retired and receives $24,000 interest income and dividends and $8,000 in Social Security benefits.Sarah is considering selling a stock at a $6,000 gain.What will be the increase in Sarah's gross income as a result of the sale of the stock?
The $6,000 gain will cause Sarah's taxable Social Security benefits to increase to $4,000,which is the lesser of the following:

Sarah,a Widow,is Retired and Receives $24,000 Interest Income and Dividends