Basic Scenario $5$: Jasmine Harris

Interview Notes

$$ Jasmine is single and turned $72$ years old on October $1,2023.$

$$ Jasmine worked as a public historian at the local library and earned wages of $$32,000.$ Jasmine also

received Social Security benefits of $$16,500.$ She received a taxable pension of $$14,000.$

$$ She retired from her previous job on October $30,2020.$ During her career she contributed pretax dollars to a qualified $401($k$)$ retirement plan through her employer.

$$ Jasmine cannot be claimed as a dependent by another taxpayer. $$ Jasmine is a U$.$S$.$ citizen with a valid Social Security number.

Basic Scenario $5$: Test Questions

$9.$ Jasmine does not qualify to claim the Earned Income Tax Credit because:

a$.$ She does not meet the age requirement

b$.$ She exceeds the earned income requirement c$.$ She does not have a qualifying child

d$.$ Both a and b

$10.$ Jasmine must take her first required minimum distribution by April $1,2025.$

a$.$ True b$.$ False