Mallory Corporation has a calendar year-end. The corporation has paid estimated taxes of $10,000 during 2018 but
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Mallory Corporation has a calendar year-end. The corporation has paid estimated taxes of $10,000 during 2018 but still owes an additional $5,000 for its 2018 tax year.
a. When is the 2018 tax return due?
b. If an automatic extension of time to file is requested, when is the 2018 tax return due?
c. If an extension of time to file is requested, when is the additional $5,000 of tax for 2018 due?
CorporationA Corporation is a legal form of business that is separate from its owner. In other words, a corporation is a business or organization formed by a group of people, and its right and liabilities separate from those of the individuals involved. It may...
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Related Book For
Income Tax Fundamentals 2019
ISBN: 9781337703062
37th Edition
Authors: Gerald E. Whittenburg, Steven Gill
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