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Lois, who is single, received $9,000 of Social Security benefits. She also received $25,000 from dividends, interest, and her employer's pension plan. If Lois sells a capital asset that produces a $1,000 recognized loss, Lois's taxable income will decrease by more than $1,000.a. True

b. False

1 Answer

1 vote

Answer:

True

Step-by-step explanation:

Because The $1,000 loss will reduce her MAGI and thus reduce her taxable Social security benefits

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