Neil Young has retired from the music business. He had taxable income of $84,125 in 2021 from royalties thanks to Spotify play lists before he pulled all his music from Spotify this week. He qualifies for the maximum AS benefit of $7,421.40 The OAS minimum threshold is $79,054. 

What is the net amount of OAS benefit that Mr. Young will receive this year?

Answer rating: 100% (QA)

To calculate the net amount of the Old Age Security OAS benefit that Mr Young will receive this year ... View the full answer