Answer:
Rhonda's adjusted gross income = $33,000
so correct option is c. $33,000
Explanation:
given data
taxable pension = $30,000
social security payments = $6,000
interest on State of Iowa bonds = $1,000
to find out
Rhonda's adjusted gross income
solution
we get here Rhonda's adjusted gross income that is express as
adjusted gross income = Taxable pension + Social security ....................1
here we know If income is between $25,000 and $34,000 than there is up to 50 % of your benefits may be subject to tax
so here Social security = 50% × $6,000 = $3000
so total adjusted gross income will be
Rhonda's adjusted gross income = $30,000 + $3,000
Rhonda's adjusted gross income = $33,000
so correct option is c. $33,000
