Walt is single, age 67 , and retired. His taxable income for 2018 is ($ 1,320), and
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Walt is single, age 67 , and retired. His taxable income for 2018 is \(\$ 1,320\), and the tax on this amount is \(\$ 132\). Walt's tax credit for the elderly is \(\$ 225\). What is the amount of the credit for the elderly that Walt can claim on his tax return?
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Related Book For
CCH Federal Taxation 2019 Comprehensive Topics
ISBN: 9780808049081
2019 Edition
Authors: Ephraim P. Smith, Philip J. Harmelink, James R. Hasselback
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