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ch02 Student: ___________________________________________________________________________ 1. Corporations are required to file a tax return annually regardless of their taxable income. True False 2. The tax return filing requirements for individual taxpayers only depend on the taxpayer's filing status. True False 3. If a taxpayer is due a refund, she does not have to file a tax return. True False 4. If April 15 th falls on a Saturday, the due date for individual tax returns will be on Monday, April 17 th . True False 5. If a taxpayer is unable to file a tax return by its original due date, the taxpayer can request an automatic 9- month extension to file the return. True False 6. An extension to file a tax return does not extend the due date for tax payments. True False 7. The statute of limitations for IRS assessment generally ends four years after the date a tax return is filed. True False 8. For fraudulent tax returns, the statute of limitations for IRS assessment is ten years. True False 9. The IRS DIF system checks each tax return for mathematical mistakes. True False 10. Joel claimed a high amount of charitable contributions as a deduction on his tax return relative to taxpayers with similar income levels. The information matching program is the IRS program most likely to identify Joel's tax return for audit. True False 11. Office examinations are the most common type of IRS audit. True False 12. The three basic types of IRS examinations are computer exams, office exams, and business exams. True False 13. The "30-day" letter gives the taxpayer the opportunity to request an appeals conference or agree to the proposed IRS adjustment. True False 14. The "90-day" letter gives the taxpayer the opportunity to pay the proposed tax adjustment or file a petition in the U.S. District Court to hear the case. ... View Full Document

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