Taxpayer T, a Taxicab Operator, Filed His 2011 Tax Return

question 14

True/False

Taxpayer T, a taxicab operator, filed his 2011 tax return on April 15, 2012.If T inadvertently omitted $1,800 (average gross income for one month) from the return, the statute of limitations is extended to April 15, 2018.

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Definitions:

Fastener

A hardware device that mechanically joins or affixes two or more objects together.

Arrowheads

Styled points at the end of dimension lines or leader lines on a drawing, indicating the feature to which the dimension or note refers.

Cutting-plane Lines

Lines on a drawing indicating the imaginary cut made through a part or assembly to reveal internal features in a sectional view.

Quarter Section

A method of dividing a piece of land into four equal parts in land surveying; also indicative of a technique in illustration where a portion is removed to reveal internal features.