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Bart, a Single Taxpayer, Has Recently Retired

Question 57

Multiple Choice

Bart, a single taxpayer, has recently retired. This year, he received $24,000 in pension payments and $5,000 of social security payments. What amount must Bart include in his gross income for the social security payments?


A) $4,250
B) $1,500
C) $2,500
D) Zero
E) $750

Correct Answer:

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