What is the taxable amount of social security income reported on the tax return if a single taxpayer received $9,400 in social security benefits and $150 in interest income?

Question

Quizplus · Accepted Answer

For a single taxpayer, if the sum of half of the social security benefits ($4,700) and other income ($150) is less than the base amount of $25,000, none of the social security benefits are taxable.

What Is the Taxable Amount of Social Security Income Reported