Identify Which of the Following Statements Is False

question 102

Multiple Choice

Identify which of the following statements is false.

• A) A corporation must file a tax return even if it has no gross income.
• B) Extensions of time for filing tax returns may be obtained.
• C) The IRS will not issue a ruling on the topic of whether compensation is reasonable.
• D) Tax returns for all taxpayers must be filed on or before the fifteenth day of the fourth month following the year- end.

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