Identify Which of the Following Statements Is True

question 16

Multiple Choice

Identify which of the following statements is true.

• A)If a taxpayer fails to file a return, the statute of limitations is extended to 10 years.
• B)If a couple files a joint return but only one spouse had income, only the spouse with income is responsible for paying any tax due.
• C)Joint and several liability means that each spouse is potentially liable for the full amount of tax due.
• D)All of the above are false.