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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
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. A $601 B $3,633 C $1,146 $545
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