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.

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Definitions:

Social Interest

A concept in psychology that refers to an individual's attitude towards and level of engagement with their community and society at large.

Alfred Adler

An Austrian medical doctor and psychotherapist who is best known for his theories on the importance of feelings of inferiority and the development of lifestyle.

Inferiority Complex

A psychological condition where an individual feels a deep sense of incompetence, underachievement, or inadequacy, often leading to overcompensation in other areas.

Alfred Adler

An Austrian psychiatrist and founder of Individual Psychology, which emphasizes the importance of feelings of inferiority and the creative self in personality development.