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1. For Social Security purposes, how many quarters would a taxpayer earn in 2022 if they make $80,000 from their full time job? A. 2
1. For Social Security purposes, how many quarters would a taxpayer earn in 2022 if they make $80,000 from their full time job?
- A. 2
- B. 4
- C. 8
- D. 10
2. Mark is 67 and has achieved his full retirement age. He claims Social Security, but also works as a consultant earning $75,000 per year. Would he be subject to an earnings limitation/reduction in his Social Security benefit?
- A. Yes, because he makes more than $19,560.
- B. No, because he has achieved his full retirement age.
- C. Not enough information to answer the question.
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