Examlex

Solved

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?


Definitions:

Research Process

A series of steps that guide the systematic investigation and study of materials and sources to establish facts and reach new conclusions.

Sociologists

Sociologists are social scientists who study human societies, patterns of social relationships, social interaction, and culture to understand social behavior.

Data Analysis

The process by which sociologists organize collected data to discover what patterns and uniformities are revealed.

Discoveries

New findings or revelations that contribute to existing knowledge or understanding.

Related Questions