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What would be pierre age tax credit

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Reference no: EM133186280

Question - Pierre is 66 years old. His income for the year is $65,200. In 2020 the maximum amount for the Age Tax Credit was $7,637. What would be Pierre's Age Tax Credit? Hint: In 2020, the age amount was reduced by 15% of a taxpayer's income that exceeded the threshold of $38,505.

Reference no: EM133186280

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What would be pierre age tax credit : Pierre is 66 years old. His income for the year is $65,200. In 2020 the maximum amount for the Age Tax Credit was $7,637. What would be Pierre's Age Tax Credit
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