Terry Files His Return on March 31

question 3

Multiple Choice

Terry files his return on March 31. The return shows taxes of $6,000, and Terry pays this entire amount when he files his return. By what time must he file a claim of refund?

• A)the later of two years from the return filing or three years from the date the tax is paid
• B)the later of three years from the return due date or two years from the date the tax is paid
• C)two years from the payment of tax date, if the IRS mails a notice of deficiency in the third year following the due date of the return
• D)four years from the payment of tax date, if the IRS mails a notice of deficiency

---

Definitions:

Credit Card

A plastic card issued by a bank or financial institution that allows the holder to make purchases by borrowing funds up to an assigned limit.

Plagiarism

The practice of taking someone else's work or ideas and passing them off as one's own without proper acknowledgment.

Paraphrasing

The process of rewording or rephrasing text while maintaining the original meaning, often used to simplify or clarify the original text.

Indirect Quotation

A paraphrase or summary of someone else's words without directly quoting them, often introduced by a phrase like "he said that..." or "according to..."