In 2021, Dan Davis, age 85 and single, received Social Security benefits of $14,000, dividend and interest payments of $21,000, a taxable pension of $30,000 and a taxable IRA distribution of $16,000. What is the amount of Dan's adjusted gross income for 2021? 21. A $80,400 78,900 78,390 D 67,000 E None of the above

In 2021, Dan Davis, age 85 and single, received Social Security benefits of $14,000, dividend and interest payments of $21,000, a taxable pension of $30,000 and a taxable IRA distribution of $16,000. What is the amount of Dan's adjusted gross income for 2021? 21. A $80,400 78,900 78,390 D 67,000 E None of the above

PAYROLL ACCT.,2019 ED.(LL)-TEXT

19th Edition

ISBN:9781337619783

Author:BIEG

Publisher:BIEG

Chapter4: Income Tax Withholding

Section: Chapter Questions

Problem 7QR

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