Jody an unmarried taxpayer using the single filing status


Question - Jody, an unmarried taxpayer using the single filing status, received $17,000 of Social Security retirement benefits this year. He also received $5,000 of interest income and $50,000 of income from his retirement plan during the year. How much of Jody's Social Security benefits must be included in his gross income this year?

A) $0

B) $8,500

C) $14,450

D) $17,000

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Accounting Basics: Jody an unmarried taxpayer using the single filing status
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