remingtonbreanna remingtonbreanna

31-10-2022
Advanced Placement (AP)

Answered

Carl and Karina file a joint return. Karina earned a salary of $38,750 and received dividends of $3,060, taxable interest income of $2,030, and nontaxable interest of $1,015. Carl received $9,120 of social security benefits and a gift of $6,030 from his brother. What amount of social security benefits is taxable to Carl and Karina?

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