(13, Taxpayer E) Social Security Benefits (Obj. 2) 307 Taxpayer E received social security (SS)...

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Accounting

(13, Taxpayer E) Social Security Benefits (Obj. 2) 307

Taxpayer E received social security (SS) benefits during the year. Information used to determine the taxable amount of their benefits is provided below.

  • Filing status: Married filing jointly
  • Social security benefits received: $9,400
  • AGI before SS benefits: $32,300
  • 50% SS benefits: $4,700
  • Tax-exempt interest received: $0

Compute the amount of taxable social security benefits that taxpayer E would include in gross income.

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