Robert Is 66 and So Qualifies for the Age Amount

question 18

Multiple Choice

Robert is 66 and so qualifies for the age amount. His taxable income for 2010 was $65 000. The threshold income for the age amount is $32 506 and the maximum age amount is $6446. He loses fifteen percent of the age amount for every dollar income over the threshold. What age amount will he qualify for?

• A)$2446
• B)$1572
• C)$3224
• D)zero

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