Question
1. Of the following types of regulations, which one(s) have the force and effect of law and which one(s) do not have the force and
1. Of the following types of regulations, which one(s) have the force and effect of law and which one(s) do not have the force and effect of law: - proposed regulations, legislative regulations, temporary regulations, final regulations, revenue rulings, and revenue procedure.
2. Berry wishes to contest a tax deficiency in federal district court. Of the following actions, which one(s) must be taken? - file a claim for a refund with the IRS - sue for a refund after waiting the prescribed time - pay the tax first - make request for a jury trial
3. . Of the following types of income, which one is used to determine whether a person must file an income tax return? - gross income, adjusted gross income, taxable income, and net income.
4. All of the following are reasons why a canceled debt may not be included in the gross income calculations of a taxpayer,
EXCEPT: A. the taxpayer is individually liable for the debt (i.e., nonrecoruse debt) B. the debt is canceled in a bankruptcy case C. the debt payment would otherwise be deductible D. the taxpayer is insolvent
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