George and weezy received 30200 of social security benefits, Ask an Expert

Accounting

George and Weezy received $30,200 of Social Security benefits this year($12,000 for George; $18,200 for Weezy). They also received $5,000 of interest from jointly owned City of Ranburne Bonds and dividend income.

What amount of the Social Security benefits must George and Weezy include in their gross income under the follwoing independent situations?

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Accounting Basics, Accounting

Category:- Accounting Basics
Reference No.:- M9963296

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