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. Alan is single and 71 years old. Alan worked as a greeter at the local department store and earned wages of $6,000. Alan also
. Alan is single and 71 years old. Alan worked as a greeter at the local department store and earned wages of $6,000. Alan also received Social Security benefits of $14,500. He received a taxable pension of $11,700. He retired from his previous job on October 30, 2019. During his career he contributed pretax dollars to a qualified 401(k) retirement plan through his employer. Alan cannot be claimed as a dependent by another taxpayer. Alan is a U.S. citizen with a valid Social Security number. 9. What credit(s) is Alan eligible to claim? A. Credit for the Elderly or the Disabled B. Earned Income Credit C. Both the Credit for the Elderly or the Disabled and the Earned Income Tax Credit D. Neither the Credit for the Elderly or the Disabled or the Earned Income Tax Credit Alan is single and 71 years old. Alan worked as a greeter at the local department store and earned wages of $6,000. Alan also received Social Security benefits of $14,500. He received a taxable pension of $11,700. He retired from his previous job on October 30, 2019. During his career he contributed pretax dollars to a qualified 401(k) retirement plan through his employer. Alan cannot be claimed as a dependent by another taxpayer. Alan is a U.S. citizen with a valid Social Security number. 10. When must Alan begin taking his required minimum distribution? A. April 1 of the calendar year following the year he reaches age 70 1/2. B. April 1 of the calendar year following the year he reaches age 72. C. April 1 of the calendar year following the year he retired. D. Never. Required minimum distributions only apply to Roth IRAs
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