1......Statement 1: Mixed-income earners shall file form 1701Q for the first 3 quarters of the taxable year. Statement 2: If the employee has income tax payable in the annual income tax return, form 2316 shall serve as the income tax return for the taxable year

A. True, true

B. True, false

C. False, true

D. False, false 2.....

Which is not true about the individual taxpayers? *

A. It may observe fiscal or calendar year

B. taxable year always ends on Dec. 31

C. Tax rate ranges from 0 to 35% based on the graduated income tax table.

D. none of the above