Question

The amount of Social Security benefits received by an individual that he or she must include in gross income:

Answer 1

Answer:

b. May be zero or as much as 85% of the Social Security benefits received, depending upon the taxpayer's Social Security benefits and other income.

Step-by-step explanation:

Social security measures an organization to guarantee individuals against certain risks (social risks). Social security is made up of a set of institutions whose function is to protect individuals from the consequences of various events or situations, generally referred to as social risks.

Social Security is a public service of the State, ensuring all the social risks of workers, employees, liberal professions, self-employed, and non-salaried workers. Social Security provides the benefits provided by the Social Security Code. However, the amount of Social Security benefits received by an individual that they must include in gross income may be zero or as much as 85% of the Social Security benefits received, depending upon the taxpayer's Social Security benefits and other income.