Basic Scenario 8: Zoe Watson Directions Using the tax software, complete the tax return, including Form 1040 and allappropriate forms, schedules, or worksheets. Answer the questions following the scenario. When entering Social Securitynumbers (SSNs) or Employer Identification Numbers (EINS), replace the Xs as directed, or with any four digits of yourchoice. Interview Notes Zoe is single and 47 years old. • Zoe has two children. Yvonne, age 19, has a job and earnedwages of $5,200. Joshua, age 26 is totally and permanently disabled and received Social Security benefits of $4,500.Both children lived with her all year. Zoe paid all the cost of keeping up the home and more than half the support forher children. • Zoe received disability pension benefits, but she has not reached the minimum retirement age of heremployer's plan. • She does not have enough expenses to itemize for the 2023 tax year. Zoe, Yvonne, and Joshua are U.S. citizens and have valid Social Security numbers. They all lived in the United States for the entire year. If she has anybalance due or refund, she would like to use Adelphia Bank and Trust. Zoe provided a voided check. Who is Zoe'squalifying child for purposes of claiming the Earned Income Tax Credit? a. Yvonne b. Joshua c. Both Yvonne andJoshua d. Neither Yvonne nor Joshua.

To qualify for the Earned Income Tax Credit (EITC), a qualifying child must meet all four of these…

Answered: balance due or refund, she would like…

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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balance due or refund, she would like to use Adelphia Bank and Trust. Zoe provided a voided check. Who is Zoe's qualifying child for purposes of claiming the Earned Income Tax Credit? a. Yvonne b. Joshua c. Both Yvonne and Joshua d. Neither Yvonne nor Joshua.