This preview shows page 1. Sign up to view the full content.
Unformatted text preview: the Court will hear and decide the controversy. In the U.S. Tax Court, the tax need not be paid prior to litigating the controversy (although interest will be due on an unpaid deficiency) P50. a. E b. E c. A d. A e. A a. terry writes a $250 check for a charitable contribution on Dec 28,2008, but does not mail the check to the charitable organization until Jan 10,2009. She takes a deduction in 2008 b. Robert decides not to report interest income from a bank because the amount is only $11.75 c. Jim pays property taxes on his home in Dec 2008 rather than waiting until Feb 2009 d. Jane switches her investments from taxable corporate bonds to tax-exempt municipal bonds e. Ted encourages his mother to save most of her social security benefits so that he will be able to claim her as a dependent....
View Full Document
This note was uploaded on 12/19/2009 for the course ACCT 3221 taught by Professor Armentor during the Spring '08 term at LSU.
- Spring '08