Form 4868,a Six-Month Extension of Time to File,allows a Taxpayer

question 67

Multiple Choice

Form 4868,a six-month extension of time to file,allows a taxpayer to

• A)avoid interest on underpayment of taxes due.
• B)extend the filing date of the return as well as payment of the tax due.
• C)extend the filing date of the return but the estimated amount of tax due must still be paid by the original due date of the return.
• D)extend the filing date only at the discretion of the IRS.

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Definitions:

Affirmative Action

Policies or practices intended to address past injustices and discrimination by providing opportunities in education and employment to historically disadvantaged groups.

Controversial Policy

A policy that generates public disagreement or debate due to differing opinions on its implications, effectiveness, or ethical considerations.

Economic Theory

The study and understanding of how economies work, encompassing a wide array of concepts and principles regarding wealth production and distribution.

Predominant Change

A major or primary alteration in something, such as an organization, system, or society's way of operation.