Basic Scenario $8$: Amy YagerDirectionsUsing the tax software, complete the tax return, including Form $1040$ and all appropriate forms, schedules, or worksheets. Answer the questions following the scenario.When entering Social Security numbers $($SSNs$)$ or Employer Identification Numbers $($EINs$),$ replace the Xs as directed, or with any four digits of your choice.Interview Notes$*$ Amy is single and $48$ years old.$*$ Amy has two children. Wendy, age $20,$ has a job and earned wages of $$3,700.$ Kyle, age $27,$ is totally and permanently disabled and received Social Security benefits of $$5,500.$ Both children lived with her all year.$*$ Amy paid all the cost of keeping up the home and more than half the support for her children.$*$ Amy received disability pension benefits, but she has not reached the minimum retirement age of her employer's plan.$*$ She does not have enough expenses to itemize for the $2024$ tax year.$*$ Amy, Wendy, and Kyle are U$.$S$.$ citizens and have valid Social Security numbers. They all lived in the United States for the entire year.$*$ If she has any balance due or refund, she would like to use New Bank and Trust. Amy provided a voided check. Basic Scenario $8$: Test Questions$20.$ Amy's disability pension is reported as earned income wages.$*$ True$*$ False$21.$ The most advantageous filing status that Amy can claim is$?*$ Single$*$ Married Filing Separately$*$ Head of Household$*$ Qualifying Surviving Spouse $($QSS$)22.$ Which of Amy's children qualifies her to claim the Earned Income Tax Credit?$*$ Wendy$*$ Kyle$*$ Both Wendy and Kyle$*$ Neither Wendy nor Kyle$23.$ Can Amy claim Wendy as a dependent?$*$ Yes, because Wendy meets the qualifying relative test.$*$ Yes, because Amy provided more than half of Wendy's total support.$*$ Yes, because Wendy's gross income is less than $$5,050.*$ All of the above$\mathrm{.}24.$ Amy anticipates a balance due for next year. What actions should she take to prevent having a balance$*$ Submit a revised W$-4$P to increase her withholding$*$ Make estimated tax payments$*$ Do nothing and file her return as usual$*$ Both a and b