In 2021, Dan Davis, age 85 and single, received Social Security benefits of $14,000, dividend and interest payments of $21,000, a taxable pension of $30,000 and a taxable IRA distribution of $16,000. What is the amount of Dan's adjusted gross income for 2021? 21. A $80,400 78,900 78,390 D 67,000 E None of the above
In 2021, Dan Davis, age 85 and single, received Social Security benefits of $14,000, dividend and interest payments of $21,000, a taxable pension of $30,000 and a taxable IRA distribution of $16,000. What is the amount of Dan's adjusted gross income for 2021? 21. A $80,400 78,900 78,390 D 67,000 E None of the above
Chapter4: Income Tax Withholding
Section: Chapter Questions
Problem 7QR
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ISBN:
9780357109731
Author:
Hoffman
Publisher:
CENGAGE LEARNING - CONSIGNMENT