If You Are Working Part Time While Going to School

question 92

Multiple Choice

If you are working part time while going to school and have no dependents other than yourself,do not itemize deductions and have no capital asset transactions,which Federal Income Tax return form should you file?

• A) 1040EZ
• B) 1120
• C) 1040X
• D) Since you are part time and make just a few thousand dollars, you do not need to file an income tax return.

---

Definitions:

High-beta Stocks

Stocks that are more volatile than the market average, possessing a beta value greater than 1, indicating they have a higher risk and potential return.

Systematic Risk

A type of risk that affects all securities in a market or market segment, unable to be lessened through diversification.

Influences

Factors or forces that have an effect on the outcomes or behaviors in a situation.

Assets

Assets refer to resources owned or controlled by a person or business with economic value and expected to provide future benefits.