2 19 20 90 23 24 26 27 29 30 18 33 21 Use the following information for the next 2 questions. Trevor bought an annuity for $30,000 several years ago. The annuity will pay him $250 per month from age 62 until he Nes. During the current year, Trevor hirns 62 and receives his first annuity payment Question 10 (1 point) If Trevor dies after receiving 182 monthly payments, he must amend prior returns and correct the income reported based on 182 monthly payments. True False Question 11 (1 point) If Trevor receives more than 260 payments, the total of each payment received after the 260th payment is included in income. 36 True False Use the following information for the next 2 questions. During the current year, Daichi invests $30,000 in each of two separate corporations. Each investment gives him a 25% ownership interest. Mexico Corporation is a regular corporation that has taxable income of $200,000 and pays dividends totaling $50,000. Japan Corporation is an S corporation that has taxable income of $150,000 and pays $60,000 of dividends. Please do not consider any possible deductions related to Qualified Business Income (QBI) that Daichi may be eligible for. Question 12 (1 point) As a result of these two investments, Daichi has $30,000 of taxable income from Mexico Corporation. True False