Autumn and Winter are married for tax purposes and retired, and they rely partially on her Social Security benefit. Their income is summarized as…
Autumn and Winter are married for tax purposes and retired, and they rely partially on her Social Security benefit. Their income is summarized as follows:
Autumn’s Social Security benefit $26,000
Taxable interest and dividends 5,000
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Wages from Autumn’s part-time job. 14,000
How much is Autumn and Winter’s adjusted gross income for the year?