Exercise 4-26 (Algorithmic) (LO. 4) a. Erwin and Eleanor are married and file a joint...
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Accounting
Exercise 4-26 (Algorithmic) (LO. 4)
a. Erwin and Eleanor are married and file a joint tax return. They have adjusted gross income of $39,800, no tax-exempt interest, and $13,930 of Social Security benefits. As a result, $_ of the Social Security benefits are taxable.
*The answer is not 11,840.5
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