Avril and John are ages 70 and 72, respectively, and file a joint return. They have an AGI of $18,000 and received $1,000 in nontaxable social security benefits. How much can Avril and John take as credit for the elderly or the disabled?
Avril and John are ages 70 and 72, respectively, and file a joint return. They have an AGI of $18,000 and received $1,000 in nontaxable social security benefits. How much can Avril and John take as credit for the elderly or the disabled?
Chapter1: The Individual Income Tax Return
Section: Chapter Questions
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Transcribed Image Text:Avril and John are ages 70 and 72, respectively, and file a joint return. They have an AGI of $18,000 and received $1,000
in nontaxable social security benefits. How much can Avril and John take as credit for the elderly or the disabled?
Multiple Choice
• $2,700.
• $1,000.
$525.
• $375.
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ISBN:
9780357109731
Author:
Hoffman
Publisher:
CENGAGE LEARNING - CONSIGNMENT