Question 32 of 85.
Peter and Kay are married and will file a joint return. Peter was unemployed for six months during 2023. The
• Peter's Form W-2 reporting wages of $22,400.
• Kay's Form W-2 reporting wages of $55,300.
• Peter's Form 1099-G reporting unemployment compensation of $5,200.
How much of this income is taxable and must be reported on their federal return?
$22,400
$55,300
$77,700
$82,900