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What is the net amount of oas benefit

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Question - Neil Young has retired from the music business. He had taxable income of $84,125 in 2021 from royalties thanks to Spotify play lists before he pulled all his music from Spotify this week. He qualifies for the maximum AS benefit of $7,421.40 The OAS minimum threshold is $79,054. What is the net amount of OAS benefit that Mr. Young will receive this year?

Reference no: EM133124654

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