George and Wanda received $30,200 of Social Security benefits this year ($12,000 for George; $18,200 for Wanda). They also received $5,000 of interest
George and Wanda received $30,200 of Social Security benefits this year ($12,000 for George; $18,200 for Wanda). They also received $5,000 of interest from jointly owned City of Ranburne Bonds and dividend income. What amount of the Social Security benefits must George and Wanda include in their gross income under the following independent situations?