You May Choose Married Filing Jointly as Your Filing Status

question 24

Multiple Choice

You may choose married filing jointly as your filing status if you are married and both you and your spouse agree to file a joint return.Which of the following facts would prevent you from being considered married for filing purposes?

• A)You were married for several years,but your divorce became final in December.
• B)You are married but living apart until some problems can be solved.
• C)Your spouse died during the year but the executor of the estate has agreed to the filing of a joint return.
• D)None of the above.

---

Definitions:

Annuity Due

An annuity where payments are made at the beginning of each period instead of the end.

Bargain Purchase Option

An option given to the lessee to purchase the leased asset at the end of the lease term at a price significantly lower than the expected fair market value.

Future Rents

Future rents refer to the payments that are expected to be received in the future for the use of an asset, typically real estate.

Unreimbursable Costs

Expenses that cannot be recovered or compensated for by any means.