Identify Which of the Following Statements Is True

question 72

Multiple Choice

Identify which of the following statements is true.

• A)When a cash-basis taxpayer elects to take a credit for accrued foreign income taxes, certain other income and expense items must likewise be accrued.
• B)The taxpayer may revoke an election to exclude foreign-source earned income if a loss is incurred from foreign employment.
• C)A nonresident alien can elect to be considered a resident alien if the nonresident alien is married to a U.S. citizen or a resident alien sometime during the tax year and both spouses consent.
• D)All of the above are true.

---

Definitions:

Frontal Lobe

The part of the brain located in the front of the skull, responsible for voluntary movement, speech, and complex thought processes.

Diamond Shaped

Describes a quadrilateral shape where both pairs of opposite sides are equal in length and angles are not right angles.

Coccyx

The small, triangular bone at the base of the vertebral column in humans, formed from fused vertebrae and often referred to as the tailbone.

Atlas

The first cervical vertebra of the spine, supporting the globe of the head and forming the joint connecting the skull and spine.