During the 2014 tax year Brian a single taxpayer received

#759
During the 2014 tax year, Brian, a single taxpayer, received $6,000 in Social Security benefits.
His adjusted gross income for the year was $18,000 (not including the Social Security benefits)
and he received $30,000 in tax-exempt interest income. Calculate the amount of the Social
Security benefits that Brian must include in his gross income for 2014.Simplified Taxable?
Social Security Worksheet (for most people)1. Enter the total amount of Social Security income.
1. ________2. Enter one-half of line 1. 2. ________3. Enter the total of taxable income items on
Form 1040 except 3. ________Social Security income.4. Enter the amount of tax exempt
interest income. 4. ________5. Add lines 2, 3, and 4. 5. ________6. Enter all adjustments for
AGI except for student loan interest, 6. ________the domestic production activities deduction,
and the tuition andfees deduction.7. Subtract line 6 from line 5. If zero or less, stop here, none
of 7. ________the Social Security benefits are taxable.8. Enter $25,000 ($32,000 if married
filing jointly; $0 if 8. ________married filing separately and living with spouse at any timeduring
the year).9. Subtract line 8 from line 7. If zero or less, enter -0-. 9. ________If line 9 is zero or
less, stop here; none of your benefits aretaxable. Otherwise, go on to line 10.10. Enter $9,000
($12,000 if married filing jointly; $0 if 10. ________married filing separately and living with
spouse at any timeduring the year).11. Subtract line 10 from line 9. If zero or less, enter -0-. 11.
________12. Enter the smaller of line 9 or line 10. 12. ________13. Enter one-half of line 12.
13. ________14. Enter the smaller of line 2 or line 13. 14. ________15. Multiply line 11 by 85%
(.85). If line 11 is zero, enter -0-. 15. ________16. Add lines 14 and 15. 16. ________17.
Multiply line 1 by 85% (.85). 17. ________18. Taxable benefits. Enter the smaller of line 16 or
line 17. 18. ________View Solution:
During the 2014 tax year Brian a single taxpayer received

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