Jon and Holly Are Married and Live in a Retirement

question 17

Essay

Jon and Holly are married and live in a retirement community. This year Jon celebrated his 65th birthday and Holly turned 68 years old. For their ages, both Jon and Holly are in good health. What is the amount of their standard deduction this year?

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Definitions:

Homeostasis

The tendency of a system, especially the physiological system of higher animals, to maintain internal stability, due to the coordinated response of its parts to any situation or stimulus that would disturb its normal condition.

Stress

A state of mental or emotional strain resulting from adverse or demanding circumstances.

Voluntary Time-Outs

A strategy where individuals choose to remove themselves from a stressful or overwhelming situation temporarily, to regain composure and perspective.

Staff Morale

Staff morale is the overall outlook, attitude, satisfaction, and confidence that employees feel at work. A high morale is often associated with high productivity and retention.