DOWNLOADgTHEgTestgBankgforgMcGrawgHillsgTaxationgofgIndividualsg2020g11thg
EditiongSpilker
TaxationgofgIndividuals,g11eg(Spilker)
Chapterg2 TaxgCompliance,gthegIRS,gandgTaxgAuthorities
1) Corporationsgaregrequiredgtogfilegagtaxgreturngannuallygregardlessgofgtheirgtaxablegincome.
Answer:g TRUEgDifficult
y:g1gEasy
Topic:g g TaxpayergFilinggRequirements
LearninggObjective:g 02-
01gIdentifygthegfilinggrequirementsgforgincomegtaxgreturnsgandgthegstatutegofglimitationsgforg
assessment.
Bloom's:g Rememberg AACS
B:g ReflectivegThinkinggAICP
A:g FNgMeasurement
2) Thegtaxgreturngfilinggrequirementsgforgindividualgtaxpayersgonlygdependgongthegtaxpayer'
sgfilinggstatus.
Answer:g FALSEgDifficul
ty:g1gEasy
Topic:g g TaxpayergFilinggRequirements
LearninggObjective:g 02-
01gIdentifygthegfilinggrequirementsgforgincomegtaxgreturnsgandgthegstatutegofglimitationsgforg
assessment.
Bloom's:g Rememberg AACS
B:g ReflectivegThinkinggAICP
A:g FNgMeasurement
3) Ifgagtaxpayergisgduegagrefund,gshegdoesgnotghavegtogfilegagtaxgreturn.
Answer:g FALSEgDifficul
ty:g1gEasy
Topic:g g TaxpayergFilinggRequirements
LearninggObjective:g 02-
01gIdentifygthegfilinggrequirementsgforgincomegtaxgreturnsgandgthegstatutegofglimitationsgforg
assessment.
Bloom's:g Rememberg AACS
B:g ReflectivegThinkinggAICP
A:g FNgMeasurement
1
Copyrightg2020g©gMcGraw-
HillgEducation.gAllgrightsgreserved.gNogreproductiongorgdistributiongwithoutgthegpriorgwrittengconsentgofgMcGr
aw-HillgEducation.
mynursytest.store
,DOWNLOADgTHEgTestgBankgforgMcGrawgHillsgTaxationgofgIndividualsg2020g11thg
EditiongSpilker
4) IfgAprilg15thgfallsgongagSaturday,gthegduegdategforgindividualgtaxgreturnsgwillgbegongMonda
y,gAprilg17thg(assuminggitgisgnotgagholiday).
Answer:g TRUEgDifficult
y:g1gEasy
Topic:g g TaxpayergFilinggRequirements
LearninggObjective:g 02-
01gIdentifygthegfilinggrequirementsgforgincomegtaxgreturnsgandgthegstatutegofglimitationsgforg
assessment.
Bloom's:g Rememberg AACS
B:g ReflectivegThinkinggAICP
A:g FNgMeasurement
5) Ifgangindividualgtaxpayergisgunablegtogfilegagtaxgreturngbygitsgoriginalgduegdate,gthegtaxpayergc
angrequestgangautomaticgnine-monthgextensiongtogfilegthegreturn.
Answer:g FALSEgDifficul
ty:g1gEasy
Topic:g g TaxpayergFilinggRequirements
LearninggObjective:g 02-
01gIdentifygthegfilinggrequirementsgforgincomegtaxgreturnsgandgthegstatutegofglimitationsgforg
assessment.
Bloom's:g Rememberg AACS
B:g ReflectivegThinkinggAICP
A:g FNgResearch
6) Angextensiongtogfilegagtaxgreturngdoesgnotgextendgthegduegdategforgtaxgpayments.
Answer:g TRUEgDifficult
y:g1gEasy
Topic:g g TaxpayergFilinggRequirements
LearninggObjective:g 02-
01gIdentifygthegfilinggrequirementsgforgincomegtaxgreturnsgandgthegstatutegofglimitationsgforg
assessment.
Bloom's:g Rememberg AACS
B:g ReflectivegThinkinggAICP
A:g FNgResearch
7) ThegstatutegofglimitationsgforgIRSgassessmentggenerallygendsgfourgyearsgaftergthegdategagta
xgreturngisgfiled.
Answer:g FALSEgDifficul
ty:g1gEasy
Topic:g g TaxpayergFilinggRequirements
LearninggObjective:g 02-
01gIdentifygthegfilinggrequirementsgforgincomegtaxgreturnsgandgthegstatutegofglimitationsgforg
assessment.
2
Copyrightg2020g©gMcGraw-
HillgEducation.gAllgrightsgreserved.gNogreproductiongorgdistributiongwithoutgthegpriorgwrittengconsentgofgMcGr
aw-HillgEducation.
mynursytest.store
,DOWNLOADgTHEgTestgBankgforgMcGrawgHillsgTaxationgofgIndividualsg2020g11thg
EditiongSpilker
Bloom's:g Rememberg AACS
B:g ReflectivegThinkinggAICP
A:g FNgResearch
3
Copyrightg2020g©gMcGraw-
HillgEducation.gAllgrightsgreserved.gNogreproductiongorgdistributiongwithoutgthegpriorgwrittengconsentgofgMcGr
aw-HillgEducation.
mynursytest.store
, DOWNLOADgTHEgTestgBankgforgMcGrawgHillsgTaxationgofgIndividualsg2020g11thg
EditiongSpilker
8) Forgfraudulentgtaxgreturns,gthegstatutegofglimitationsgforgIRSgassessmentgisg10gyears.
Answer:g FALSEgDifficul
ty:g1gEasy
Topic:g g TaxpayergFilinggRequirements
LearninggObjective:g 02-
01gIdentifygthegfilinggrequirementsgforgincomegtaxgreturnsgandgthegstatutegofglimitationsgforg
assessment.
Bloom's:g Rememberg AACS
B:g ReflectivegThinkinggAICP
A:g FNgResearch
9) ThegIRSgDIFgsystemgchecksgeachgtaxgreturngforgmathematicalgmistakesgandgerrors.
Answer:g FALSEgDifficul
ty:g2gMedium
Topic:g g IRSgAuditgSelection
LearninggObjective:g 02-
02gOutlinegthegIRSgauditgprocess,ghowgreturnsgaregselected,gthegdifferentgtypesgofgaudits,gandgwh
atghappensgaftergthegaudit.
Bloom's:g Rememberg AACS
B:g ReflectivegThinkinggAICP
A:g FNgResearch
10) Joelgreportedgaghighgamountgofgcharitablegcontributionsgasgagdeductiongonghisgindividualgtax
greturngrelativegtogtaxpayersgwithgsimilargincomeglevels.gTheginformationgmatchinggprogramgisgt
hegIRSgprogramgmostglikelygtogidentifygJoel'sgtaxgreturngforgaudit.
Answer:g FALSEgDifficul
ty:g2gMedium
Topic:g g IRSgAuditgSelection
LearninggObjective:g 02-
02gOutlinegthegIRSgauditgprocess,ghowgreturnsgaregselected,gthegdifferentgtypesgofgaudits,gandgwh
atghappensgaftergthegaudit.
Bloom's:g Rememberg AACS
B:g ReflectivegThinkinggAICP
A:g FNgResearch
11) OfficegexaminationsgaregthegmostgcommongtypegofgIRSgaudit.
Answer:g FALSEgDifficul
ty:g2gMedium
Topic:g g IRSgAuditgSelection
LearninggObjective:g 02-
02gOutlinegthegIRSgauditgprocess,ghowgreturnsgaregselected,gthegdifferentgtypesgofgaudits,gandgwh
atghappensgaftergthegaudit.
4
Copyrightg2020g©gMcGraw-
HillgEducation.gAllgrightsgreserved.gNogreproductiongorgdistributiongwithoutgthegpriorgwrittengconsentgofgMcGr
aw-HillgEducation.
mynursytest.store
EditiongSpilker
TaxationgofgIndividuals,g11eg(Spilker)
Chapterg2 TaxgCompliance,gthegIRS,gandgTaxgAuthorities
1) Corporationsgaregrequiredgtogfilegagtaxgreturngannuallygregardlessgofgtheirgtaxablegincome.
Answer:g TRUEgDifficult
y:g1gEasy
Topic:g g TaxpayergFilinggRequirements
LearninggObjective:g 02-
01gIdentifygthegfilinggrequirementsgforgincomegtaxgreturnsgandgthegstatutegofglimitationsgforg
assessment.
Bloom's:g Rememberg AACS
B:g ReflectivegThinkinggAICP
A:g FNgMeasurement
2) Thegtaxgreturngfilinggrequirementsgforgindividualgtaxpayersgonlygdependgongthegtaxpayer'
sgfilinggstatus.
Answer:g FALSEgDifficul
ty:g1gEasy
Topic:g g TaxpayergFilinggRequirements
LearninggObjective:g 02-
01gIdentifygthegfilinggrequirementsgforgincomegtaxgreturnsgandgthegstatutegofglimitationsgforg
assessment.
Bloom's:g Rememberg AACS
B:g ReflectivegThinkinggAICP
A:g FNgMeasurement
3) Ifgagtaxpayergisgduegagrefund,gshegdoesgnotghavegtogfilegagtaxgreturn.
Answer:g FALSEgDifficul
ty:g1gEasy
Topic:g g TaxpayergFilinggRequirements
LearninggObjective:g 02-
01gIdentifygthegfilinggrequirementsgforgincomegtaxgreturnsgandgthegstatutegofglimitationsgforg
assessment.
Bloom's:g Rememberg AACS
B:g ReflectivegThinkinggAICP
A:g FNgMeasurement
1
Copyrightg2020g©gMcGraw-
HillgEducation.gAllgrightsgreserved.gNogreproductiongorgdistributiongwithoutgthegpriorgwrittengconsentgofgMcGr
aw-HillgEducation.
mynursytest.store
,DOWNLOADgTHEgTestgBankgforgMcGrawgHillsgTaxationgofgIndividualsg2020g11thg
EditiongSpilker
4) IfgAprilg15thgfallsgongagSaturday,gthegduegdategforgindividualgtaxgreturnsgwillgbegongMonda
y,gAprilg17thg(assuminggitgisgnotgagholiday).
Answer:g TRUEgDifficult
y:g1gEasy
Topic:g g TaxpayergFilinggRequirements
LearninggObjective:g 02-
01gIdentifygthegfilinggrequirementsgforgincomegtaxgreturnsgandgthegstatutegofglimitationsgforg
assessment.
Bloom's:g Rememberg AACS
B:g ReflectivegThinkinggAICP
A:g FNgMeasurement
5) Ifgangindividualgtaxpayergisgunablegtogfilegagtaxgreturngbygitsgoriginalgduegdate,gthegtaxpayergc
angrequestgangautomaticgnine-monthgextensiongtogfilegthegreturn.
Answer:g FALSEgDifficul
ty:g1gEasy
Topic:g g TaxpayergFilinggRequirements
LearninggObjective:g 02-
01gIdentifygthegfilinggrequirementsgforgincomegtaxgreturnsgandgthegstatutegofglimitationsgforg
assessment.
Bloom's:g Rememberg AACS
B:g ReflectivegThinkinggAICP
A:g FNgResearch
6) Angextensiongtogfilegagtaxgreturngdoesgnotgextendgthegduegdategforgtaxgpayments.
Answer:g TRUEgDifficult
y:g1gEasy
Topic:g g TaxpayergFilinggRequirements
LearninggObjective:g 02-
01gIdentifygthegfilinggrequirementsgforgincomegtaxgreturnsgandgthegstatutegofglimitationsgforg
assessment.
Bloom's:g Rememberg AACS
B:g ReflectivegThinkinggAICP
A:g FNgResearch
7) ThegstatutegofglimitationsgforgIRSgassessmentggenerallygendsgfourgyearsgaftergthegdategagta
xgreturngisgfiled.
Answer:g FALSEgDifficul
ty:g1gEasy
Topic:g g TaxpayergFilinggRequirements
LearninggObjective:g 02-
01gIdentifygthegfilinggrequirementsgforgincomegtaxgreturnsgandgthegstatutegofglimitationsgforg
assessment.
2
Copyrightg2020g©gMcGraw-
HillgEducation.gAllgrightsgreserved.gNogreproductiongorgdistributiongwithoutgthegpriorgwrittengconsentgofgMcGr
aw-HillgEducation.
mynursytest.store
,DOWNLOADgTHEgTestgBankgforgMcGrawgHillsgTaxationgofgIndividualsg2020g11thg
EditiongSpilker
Bloom's:g Rememberg AACS
B:g ReflectivegThinkinggAICP
A:g FNgResearch
3
Copyrightg2020g©gMcGraw-
HillgEducation.gAllgrightsgreserved.gNogreproductiongorgdistributiongwithoutgthegpriorgwrittengconsentgofgMcGr
aw-HillgEducation.
mynursytest.store
, DOWNLOADgTHEgTestgBankgforgMcGrawgHillsgTaxationgofgIndividualsg2020g11thg
EditiongSpilker
8) Forgfraudulentgtaxgreturns,gthegstatutegofglimitationsgforgIRSgassessmentgisg10gyears.
Answer:g FALSEgDifficul
ty:g1gEasy
Topic:g g TaxpayergFilinggRequirements
LearninggObjective:g 02-
01gIdentifygthegfilinggrequirementsgforgincomegtaxgreturnsgandgthegstatutegofglimitationsgforg
assessment.
Bloom's:g Rememberg AACS
B:g ReflectivegThinkinggAICP
A:g FNgResearch
9) ThegIRSgDIFgsystemgchecksgeachgtaxgreturngforgmathematicalgmistakesgandgerrors.
Answer:g FALSEgDifficul
ty:g2gMedium
Topic:g g IRSgAuditgSelection
LearninggObjective:g 02-
02gOutlinegthegIRSgauditgprocess,ghowgreturnsgaregselected,gthegdifferentgtypesgofgaudits,gandgwh
atghappensgaftergthegaudit.
Bloom's:g Rememberg AACS
B:g ReflectivegThinkinggAICP
A:g FNgResearch
10) Joelgreportedgaghighgamountgofgcharitablegcontributionsgasgagdeductiongonghisgindividualgtax
greturngrelativegtogtaxpayersgwithgsimilargincomeglevels.gTheginformationgmatchinggprogramgisgt
hegIRSgprogramgmostglikelygtogidentifygJoel'sgtaxgreturngforgaudit.
Answer:g FALSEgDifficul
ty:g2gMedium
Topic:g g IRSgAuditgSelection
LearninggObjective:g 02-
02gOutlinegthegIRSgauditgprocess,ghowgreturnsgaregselected,gthegdifferentgtypesgofgaudits,gandgwh
atghappensgaftergthegaudit.
Bloom's:g Rememberg AACS
B:g ReflectivegThinkinggAICP
A:g FNgResearch
11) OfficegexaminationsgaregthegmostgcommongtypegofgIRSgaudit.
Answer:g FALSEgDifficul
ty:g2gMedium
Topic:g g IRSgAuditgSelection
LearninggObjective:g 02-
02gOutlinegthegIRSgauditgprocess,ghowgreturnsgaregselected,gthegdifferentgtypesgofgaudits,gandgwh
atghappensgaftergthegaudit.
4
Copyrightg2020g©gMcGraw-
HillgEducation.gAllgrightsgreserved.gNogreproductiongorgdistributiongwithoutgthegpriorgwrittengconsentgofgMcGr
aw-HillgEducation.
mynursytest.store
