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Ms. Maple, a single woman age 65, retired in 2022. Prior to her retirement, she received a $6,000 bonus plus $4,900 in wages. After her retirement, she received $9,000 in Social Security benefits. Which of the following is true? Ms. Maple has to file a 2022 income tax return. Ms. Maple does not have to file a 2022 income tax return. Ms. Maple has to file a 2022 income tax return but may exclude the $3,000. Ms. Maple has to file a 2022 income tax return but may exclude the $9,000 in Social Security benefits from income.

Ms. Maple, a single woman age 65, retired in 2022. Prior to her retirement, she received a $6,000 bonus plus $4,900 in wages. After her retirement, she received $9,000 in Social Security benefits. Which of the following is true? Ms. Maple has to file a 2022 income tax return. Ms. Maple does not have to file a 2022 income tax return. Ms. Maple has to file a 2022 income tax return but may exclude the $3,000. Ms. Maple has to file a 2022 income tax return but may exclude the $9,000 in Social Security benefits from income.

FINANCIAL ACCOUNTING
FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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Ms. Maple, a single woman age 65, retired in 2022. Prior to her retirement, she received a $6,000 bonus plus $4,900 in wages. After her retirement, she received $9,000 in Social Security benefits. Which of the following is true? Ms. Maple has to file a 2022 income tax return. Ms. Maple does not have to file a 2022 income tax return. Ms. Maple has to file a 2022 income tax return but may exclude the $3,000. Ms. Maple has to file a 2022 income tax return but may exclude the $9,000 in Social Security benefits from income.
Transcribed Image Text:Ms. Maple, a single woman age 65, retired in 2022. Prior to her retirement, she received a $6,000 bonus plus $4,900 in wages. After her retirement, she received $9,000 in Social Security benefits. Which of the following is true? Ms. Maple has to file a 2022 income tax return. Ms. Maple does not have to file a 2022 income tax return. Ms. Maple has to file a 2022 income tax return but may exclude the $3,000. Ms. Maple has to file a 2022 income tax return but may exclude the $9,000 in Social Security benefits from income.
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