The Amount of Social Security Benefits Received by an Individual

question 62

Multiple Choice

The amount of Social Security benefits received by an individual that he or she must include in gross income:

• A)Is computed in the same manner as an annuity [exclusion = (cost/expected return) × amount received].
• B)May not exceed the portion contributed by the employer.
• C)May not exceed 50% of the Social Security benefits received.
• D)May be zero or as much as 85% of the Social Security benefits received, depending upon the taxpayer's Social Security benefits and other income.
• E)None of these.

---

Definitions:

Adulthood

The period in the human lifespan when an individual is considered legally and developmentally mature, typically characterized by completion of growth and the assumption of adult roles.

Stressful Events

Incidents or situations that cause significant anxiety, distress, or pressure, potentially leading to physical or psychological effects.

Neuroleptics

A class of medication primarily used to manage psychosis, particularly in schizophrenia and bipolar disorder, also known as antipsychotics.

Side Effects

Unintended and usually adverse effects that occur alongside the desired effects of a medication or treatment.