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easy · Certified Financial Planner Tax Planning

The Beckett household, a married couple filing jointly, has 45,000 of Adjusted Gross Income (AGI),5,000 of tax-exempt municipal bond interest, and they receive $40,000 in Social Security benefits. Calculate their Provisional Income (PI).

  1. 90,000
  2. 65,000
  3. 70,000
  4. 50,000

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