Melvin Crane is sixty-six years old, and his wife, Matilda, is sixty-five. They filed a joint income tax return for 2009, reporting an adjusted gross income of $20,200, on which they owed a tax of $60. They received $3,000 from social security benefits in 2009. How much can they claim on Form 1040 in 2009, as a credit for the elderly?

Melvin Crane is sixty-six years old, and his wife, Matilda, is sixty-five. They filed a joint income tax return for 2009, reporting an adjusted gross income of $20,200, on which they owed a tax of $60. They received $3,000 from social security benefits in 2009. How much can they claim on Form 1040 in 2009, as a credit for the elderly?

Melvin Crane is sixty-six years old, and his wife, Matilda, is sixty-five. They filed a joint income tax return for 2009, reporting an adjusted gross income of $20,200, on which they owed a tax of $60. They received $3,000 from social security benefits in 2009. How much can they claim on Form 1040 in 2009, as a credit for the elderly?


a) $0
b) $60
c) $255
d) $675


Answer: a) $0


Learn More :