Which of the Following Would Disqualify a Taxpayer from Filing

question 89

Multiple Choice

Which of the following would disqualify a taxpayer from filing a Form 1040EZ?

• A)Has no dependents.
• B)Has interest income less than $1,500.
• C)Be age 68 and not blind.
• D)Has total taxable income under $100,000.

---

Definitions:

Low-Quality

Referring to products or services that fail to meet expected standards of performance, reliability, or durability.

Economic Profits

Earnings that exceed the opportunity costs of all resources used by a firm, often considered as profits above normal profits.

Free Entry

A market condition where firms can freely enter or exit the industry without facing significant barriers.

Competitive Markets

Competitive markets are characterized by many buyers and sellers, allowing for free and open competition which dictates prices and quality of goods and services.