posted by .

April and Joey are both 74 years old and received $1,500 in nontaxable social security benefits. Their AGI for the year was $18,000. How much can April and Joey claim as a credit for the elderly or the disabled?
A. $300
B. $1,125
C. $1,500
D. $2,000

is it C

Respond to this Question

First Name
School Subject
Your Answer

Similar Questions

  1. accounting

    Ken is 63 years old and unmarried. He retired at age 55 when he sold his business, Though Ken is retired, he is still very active. Ken reported the following financial information this year. Assume Ken’s modified adjusted gross income …
  2. Tax Accounting

    Jim and Kay Bridges contributed to the support of their two children, Samantha and Amanda, and Jim's widowed parent, Carl. For 2009, Samantha, a 19 year old full time college student, earned $4,500 as a baby-sitter. Amanda, a 23 year …
  3. accounting

    Part 5 Cash Budgeting Landis Company has the following sales forecasts for the selected three-month period in the current year: Month Sales April $12,000 May 7,000 June 8,000 Seventy percent of sales are collected in the month of the …
  4. Consumer Math

    Joey-O's Organic Farm Financial Plan Revenues Budgeted Amounts From Farming $70,000 From Sales 8,200 Total $78,200 EXPENSES : Fertilizer $3,000 Pesticides 400 Feed 1,500 Equipment 1,700 Salaries 21,200 Supplies 300 Utilities 2,800 …
  5. tax

    Caroline, who files as head of household, received $9,000 of social security benefits. Her AGI before the social security benefits was $27,000. She also received $200 of tax- exempt interest. What is the amount of taxable social security …
  6. Accounting

    Journalize the following transactions and omit the explanations. A. ABC Corporation purchased $15,000 of office furniture by putting $7,000 down in cash and the rest on account on April 8. B. The corporation paid $60,000 for a two-year …
  7. accounting

    Joe makes $40,000 per year as an exempt employee. She worked 25 hours of overtime in the month of March. Payday for wages earned in the month of March is April 7. Ignoring Federal and State income tax withholdings, how much would he …
  8. Accounting

    Production and sales estimates for April are as follows: Estimated inventory (units), April 19,000 Desired inventory (units), April 30 18,000 Expected sales volume (units): Area A 3,500 Area B 4,750 Area C 4,250 Unit sales price $20 …
  9. math help please

    Joey earns $7.65 an hour at his part-time job. He received a 20% raise. How much will Joey now earn for working 40 hours?
  10. 7ee

    Joey earns $7.65 an hour at his part-time job. He received a 20% raise. How much will Joey now earn for working 40 hours?

More Similar Questions