Avril and John are ages 70 and 72, respectively, and file a joint return. They have an
Question:
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 a credit for the elderly or the disabled?
a. $2,700.
b. $1,000.
c. $525.
d. $375.
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 61% (13 reviews)
d 375 ...View the full answer
Answered By
Joemar Canciller
I teach mathematics to students because I love to share what I have in this field.
I also want to see the students to love math and be fearless in this field.
I've been tutoring these past 2 years and I would like to continue what I've been doing.
5.00+
1+ Reviews
10+ Question Solved
Related Book For
Fundamentals Of Taxation 2018
ISBN: 9781259713736
11th Edition
Authors: Ana M. Cruz Dr., Michael Deschamps, Frederick Niswander, Debra Prendergast, Dan Schisler
Question Posted:
Students also viewed these Business questions
-
Multiple Choice Questions 1. Jamison is a single dad with two dependent children, Zoey, age 7 and Conner, age 3. He has an AGI of $81,000 and paid $6,300 to a qualified day care center for the two...
-
John and Ellen Brite (SSN 000-00-1111 and 000-00-2222, respectively) are married and file a joint return. They have no dependents. John owns an unincorporated specialty electrical lighting retail...
-
John and Ellen Brite (SSN 000-00-1111 and 000-00-2222, respectively) are married and file a joint return. They have no dependents. John owns an unincorporated specialty electrical lighting retail...
-
A load must be suspended 6 m below a high ceiling using cables attached to two supports that are 2 m apart (see figure). How far below the ceiling (x in the figure) should the cables be joined to...
-
In a designed experiment, there are two factors. One factor has m levels and the other factor has n levels. Determine the number of treatments.
-
a. Consider Ford's inventory account on the balance sheet, along with the accompanying footnote. What are the most relevant assertions that management is making with regard to its inventory? b. Ford,...
-
Distinguish religious practices, including rites of passage, rites of intensification, prayer, magic, and divination.
-
Cereal Cheaters (CCACC) suspects that cereal companies, including Oxford Cereals, are cheating consumers by packaging cereals at less than labeled weights. Recently, the group investigated the...
-
Create a value proposition for Apple and discuss the key value proposition components as they relate to Apple. Explain how Apple creates value and for whom. Explain Apple's value capture strategy....
-
Calculate the net present value (NPV) for the following 15-year projects. Comment on the acceptability of each. Assume that the firm has a cost of capital of 9%. a. Initial investment is $1,000,000;...
-
Jamison is a single dad with two dependent children, Zoey, age 7 and Conner, age 3. He has an AGI of $69,000 and paid $4,300 to a qualified day care center for the two children. What amount can...
-
The cloning vectors in use today contain an origin of replication, a select able marker gene (usually an antibiotic- resistance gene), and one additional component. What is this component, and what...
-
On 21 March 2022, Penny is made redundant by her employer. She receives statutory redundancy pay of 4,750 and an ex gratia compensation payment of 32,000 (none of which ranks as a PILON). Her only...
-
Consider a parallel plate capacitor with circular plates of radius 1cm. The medium between the plates is air or vacuum., one should be concerned about the validity of the quasi-static approximation...
-
Problem 1. An event occurs in system K' at r' = 2m, y'= 3.5m, z = 3.5m, and t' = 0. System K' and K have their axes coincident at t = t' = 0, and system K' travels along the x axis of system K with a...
-
For the vectors shown below find the magnitude of |v v| and the acute angle (in degrees) that v V2 makes with respect to the x axis. A positive angle means the angle is above x axis, and a negative...
-
Calculate the forces on q1, q2 and q4. q4= 4C 0 = 60 q1 = | Mc R1 = 1.5m q2 = R2 = 24 2uc 1.0m 3 + R 94 R 92 +-x
-
A container holds 2.1 moles of an ideal gas at 30.5C and a pressure of 164kPa. Al What is the initial solume of the gas? V = B/ How much work be done on the gas to compress it to one third of its...
-
In problem, for each graph of a function y = f(x), find the absolute maximum and the absolute minimum, if they exist. (2, 4) (1, 3) (0, 1) 3
-
Identify the Critical Infrastructure Physical Protection System Plan.
-
Bob and Sue were expecting a baby in January, but Sue was rushed to the hospital in December. She delivered the baby but it died the first night. Are Bob and Sue entitled to a dependency exemption...
-
Larry has severe vision problems and, in the past, he has claimed the additional standard deduction available to blind taxpayers. This year Larrys doctor prescribed a new type of contact lens that...
-
What phrase is found in both the Sixteenth Amendment to the Constitution and Sec. 61(a)? Why does the phrase appear in both locations?
-
After a default and pursuant to an application by the first mortgage holder on title, the court will issue a preliminary order of foreclosure, setting a time limit within which time the mortgage must...
-
Imagine that there are three residents of Austin, and that each of them has an elderly grandmother who also lives in town. Each of the grandchildren faithfully visits his or her grandmother for three...
-
1. Sarah purchased a new smartphone from a local electronics store. The seller assured me that this phone will have long lasting battery usage. After a few weeks of use, the phone starts experiencing...
Study smarter with the SolutionInn App