Question
1.Taxpayer files her 2018 Form 1040 on March 1, 2019. The tax return shows a balance due of $500. The balance is not paid until
1.Taxpayer files her 2018 Form 1040 on March 1, 2019. The tax return shows a balance due of $500. The balance is not paid until July 1, 2019. The Federal tax statute of limitations for this return expires on: a) March 1, 2022. b) April 15, 2022. c) July 1, 2022. d) April 15, 2025. e) None of the above.
2.Corey is the city sales manager for RIBS, a national fast food franchise. Every working day, Corey drives his car as follows: Miles Home to office 20 Office to RIBS No. 1 20 RIBS No. 1 to No. 2 20 RIBS No. 2 to No. 3 10 RIBS No. 3 to home 30 How much of Coreys travel may be deductible? a) 0 miles. b) 50 miles. c) 66 miles. d) 76 miles. e) None of these
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