Respuesta :
Answer:
Explanation: The detailed steps is as carefully given below ;
- Enter the total amount of Social Security income 7,400.00
- Enter one-half of line 1. 3,700.00
- Enter the total of taxable income items on Form 1040 except Social Security income. 14,500.00
- Enter the amount of tax-exempt interest income. 30,000.00
- Add lines 2, 3, and 4. 48,200.00
- Enter all adjustments for AGI except for student loan interest, the domestic production activities deduction, and the tuition and fees deduction. -
- Subtract line 6 from line 5. If zero or less, stop here, none of the Social Security benefits are taxable. 48,200.00
- Enter $25,000 ($32,000 if married filing jointly; $0 if married filing separately and living with spouse at any time during the year). 25,000.00
- Subtract line 8 from line 7. If zero or less, enter –0–. 23,200.00
- Enter $9,000 ($12,000 if married filing jointly; $0 if married filing separately and living with spouse at any time during the year). 9,000.00
- Subtract line 10 from line 9. If zero or less, enter –0–. 14,200.00
- Enter the smaller of line 9 or line 10. 9,000.00
- Enter one-half of line 12 4,500.00
- Enter the smaller of line 2 or line 13. 3,700.00
- Multiply line 11 by 85% (.85). If line 11 is zero, enter –0–. 12,070.00
- Add lines 14 and 15. 15,770.00
- Multiply line 1 by 85% (.85). 6,290.00
- Taxable benefits. Enter the smaller of line 16 or line 17. 6,290.00
