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In addition to Social Security benefits of $10,000, Mr. and Mrs. Choy have adjusted gross income...

In addition to Social Security benefits of $10,000, Mr. and Mrs. Choy have adjusted gross income of $40,000 and a tax-exempt interest of $2,000. They will file a joint return. The taxable portion of their Social Security benefits will be

A) $0.

B) $5,000.

C) $7,550.

D) $10,000.

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