Identify Which of the Following Statements Is False

question 89

Multiple Choice

Identify which of the following statements is false.

• A)Gift tax returns are due annually by April 15 following the year of the gift. No extensions are allowed.
• B)The donor pays the gift tax generally.
• C)Gift tax returns are filed on a calendar-year basis.
• D)Receipt of an extension of time for filing a gift tax return does not extend the due date for payment of the gift tax.

---

Definitions:

Font Color

The color applied to text in a document or application, allowing for customization and emphasis of written content.

Background Color

The color or shade that fills the area behind content in graphical user interfaces or digital designs.

Report Design View

A mode in database applications that enables users to visually design or modify the layout and format of a report.

Arrange Tab

A section in software applications, particularly graphic design and office suite programs, offering tools to adjust the layout and ordering of elements.