Basic Scenario $6$: Lucas Turner

Interview Notes:

Lucas Turner is single and has never been married.

Lucas earned wages of $$25,000$ during the first half of the year, Lucas lost his job in July and received a total of $$11,000$ in unemployment compensation.

Lucas is a welder and took a class at a local vocational school to improve his welding skills. He paid the cost of tuition and course$-$related book. His quatified education expenses were $$3,500.$

Lucas also paid student loan interest for the courses he previously took to earn his Bachelor's degree. For $2023,$ he paid student loan interest of $$750.$

Lucas does not have any dependents.

Lucas is a U$.$S$.$ citizen with a valid Social Security number.

Basic Scenario $6$: Test Questions

$11$ Lucas must include his unemployment compensation on his $2023$ tax return. a$.$ True b$.$ False

$12.$ Lucas is eligible for the following credit: a$.$ Earned Income Credit b$,$ tifetime Learning Credit c$.$ American Opportunity Credit d$.$ None of the above

$13.$ Lucas can claim the student Ioan interest deduction as an adjustment to income on his tax return. $a.$ True $b.$ False