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Rae Is a Retired Corporate Executive

Question 45

Multiple Choice

Rae is a retired corporate executive. He and his wife, Pat, receive pensions totaling $82,000 and $8,000 of Social Security benefits during the current year. Rae and Pat's adjusted gross income is


A) $82,000
B) $86,000
C) $87,400
D) $88,800
E) $90,000

Correct Answer:

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