How much is the total of John's social security benefits?

Prepare for the Intuit Academy Tax Level 1 Exam. Study with flashcards and multiple choice questions, each question includes hints and explanations. Ace your exam and advance your tax knowledge!

To determine the total of John's social security benefits, it is essential to consider the typical amounts assigned to social security benefits based on various factors like work history, age, and earnings. The correct total of $10,000 suggests that this amount is a reasonable figure for someone receiving benefits, possibly indicative of a single year's worth of payments or a standard benefit level.

The average benefits for social security can vary, but they often fall within a range that aligns with the amount provided. Additionally, considering that social security benefits are calculated based on a worker's earnings and contribution history, the figure of $10,000 may represent an established benchmark that individuals with a typical work history might expect to receive.

The other choices could potentially represent either higher or lower benefits that would not be typical for the average recipient, hence why they might not be suitable based on general knowledge of social security payouts. The figure selected aligns well with common experience regarding social security distributions, making it the correct choice in this context.

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