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Tai and Song Are Ages 69 and 59,respectively,and File a Joint

question 120

Multiple Choice

Tai and Song are ages 69 and 59,respectively,and file a joint return.They have AGI of $20,000 and received $2,000 in nontaxable social security benefits.How much can Tai and Song take as a credit for the elderly or the disabled?


Definitions:

Percentiles

A method of comparing raw scores to a norm group by calculating the percentage of people falling below an obtained score, with ranges from 1 to 99, and 50 being the mean.

Z-Scores

A standardized score that indicates the number of standard deviations a raw score is above or below the mean.

Raw Score Distribution

The unadjusted scores of all participants in a study or on a test, displayed in the form of a distribution to analyze general trends.

Percentile Rank

A score indicating the percentage of scores in its frequency distribution that are equal to or lower than it, providing a relative position of an individual's score in a group.

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