Suppose That You Are Not Able to Complete Your Tax

question 56

Multiple Choice

Suppose that you are not able to complete your tax returns by April 15.Which of the following statements is most accurate?

• A)You must provide adequate need in tax court,requesting extension of the deadline.
• B)You can apply for an automatic extension - no questions asked,but you must enclose a check in payment for estimated taxes due.
• C)You may have an extension,and the taxes are not due until the extension expires.
• D)You do not have to pay interest on any taxes due on April 15,provided that you have filed for and have an approved extension prior to April 1 of the tax year.

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Definitions:

Cultural Lag

Is the tendency of symbolic culture to change more slowly than material culture.

Symbolic Culture

The aspects of culture that exist in nonmaterial forms such as language, rituals, values, and norms.

Material Culture

The physical objects, resources, and spaces that people use to define their culture, reflecting the beliefs, customs, and values of a society.

Rationalization

The process of replacing traditional, spontaneous, and emotional forms of thought and action with calculated, efficient, and logical ones, often associated with modern industrial societies.