Which of the Following Statements Is Correct,assuming That an Extension

question 116

Multiple Choice

Which of the following statements is correct,assuming that an extension is not requested?

• A)A partnership must file Form 1065 no later than the 15th day of the third month after the close of the partnership's tax year.
• B)A partnership must file Form 1120 no later than the 15th day of the fourth month after the close of the partnership's tax year.
• C)A partnership must file Form 1065 no later than the 15th day of the fourth month after the close of the partnership's tax year.
• D)Partnerships must file Schedule K-1 to show how income is allocated to partners no later than the 15th day after the close of the partnership's tax year.

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Definitions:

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A structured program where more experienced individuals provide guidance, knowledge, and support to less experienced individuals within a professional context.

Junior Engineer

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The ongoing process of managing one's work experience, learning, and training to progress in a chosen career path.

Unemployment Levels

The percentage of the labor force that is without work but available for and seeking employment.