Solution-What is their tax liability

What is their tax liability

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Question - Kevin is 66 years old and his wife, Sally, is 58 years old. Kevin is retired and receives Social Security in the amount of $10,000 per year. Sally withdrew $12,000 from her IRA. Kevin and Sally are filing a joint return; they have no other income to report. What is their tax liability?

a) $0

b) $1,200

c) $1,800

d) $3,000

Reference no: EM132489201

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What is their tax liability

Reference no: EM132489201

Reference no: EM132489201

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