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100 but them A) AS Apr . 20 14 on May 1, 2019, File andand dermed A) $12.00 en son a wi 15) Firefly Corporation

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100 but them A) AS Apr . 20 14 on May 1, 2019, File andand dermed A) $12.00 en son a wi 15) Firefly Corporation is a Corporation Feye eamed table income of $450,000 and paid d e 400 aferent . a diventa Who A) Only Firefly will pay taxes Freya will not a B) Firefly will not pay anyt , but Freya will Firefly will pay corporate income tax on the dividends D) Firefly's income will flow the not pay any times to her holdings in fly Freya will pay tres on the dividend received its earnings, and Freya will pay individual income $50.00 0.000 of corporate income will flow through to Freya's , and she w ay these anda, who lost her modeling employer for age discrimination. She was 2000 in lost wages $2.000 formational distres, and $100.000 punitive damage the A) $260.000 B) $160,000 O $235.000 D) SO. 17) Alan files his 2017 tax return on April 5. 2018. His return contains no mistatements or omissions of income. The statute of limitations for audit of his return expires A) April 5, 2021. B) April 15, 2020 CApril 15, 2021 D) The statute of limitations never expires. 18) 18) In 2019 the standard deduction for a married taxpayer filing a joint return and who is blind and 69 years old with a spouse who is 66 years old (who is not blind) is A) $28.300. B) $24,400. $29,350 D) $27,000 19) David, age 63, retires and receives $1,000 per month pension plan annuity from his employer's qualified pension plan. David contributed $65,000 to the plan prior to his retirement. Under the simplified method, David's number of anticipated payments is 260. What is the amount excludible from income in the first year of withdrawals assuming 12 monthly payments? A) $0 B) $12,000 $9,000 D) $3,000 20) Sarah, who is single maintains a home in which she, her 15-year-old brother, and her 21-year-old niece live. Sarah provides the majority of the support for her brother, her niece, and her cousin, age 18. who is enrolled full-time at the university and lives in an apartment. While the niece and cousin have no income, her brother has a part-time job and earns $4,500 per year. How many dependents nay Sarah claim? B) 2 03 D) None A) 1

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