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Basic Scenario 9: Retest Questions Directions Read the scenario information for Hailey Simpson. 2500 25. Hailey must report $ of her gambling winnings on
Basic Scenario 9: Retest Questions Directions Read the scenario information for Hailey Simpson. 2500 25. Hailey must report $ of her gambling winnings on her 2023 return. (Note: whole number only, do not use special characters.) 26. Hailey's most advantageous filing status is Qualifying Surviving Spouse (QSS). a. True b. False 27. Hailey must pay an additional tax on the early distribution from her IRA. a. 0% b. 5% C. 10% d. 15% 28. Hailey is eligible to claim Olivia for the Child Tax Credit. a. True b. False 29. Hailey can split her refund between her savings and checking accounts by completing Form 8888, Allocation of Refund (Including Savings Bonds Purchases). a. True b. False 30. Hailey can claim $450 as an adjustment to income for classroom supplies she purchased. a. True b. False
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