59. Joe decides to check ot Free File and goes to the IRS website to learn more about t. Which of the following statements about Free File is true? a) Itis available to taxpayers at no charge as long as they agree to a refund anticipation loan. b) tis available to taxpayers at no charge as long as they agree to purchase a product. c) t is available to taxpayers at no charge and the taxpayer is under no obigation to purchase a product or apply for a refund anticipation loan. tis available to taxpayers at no charge as long as they agree to purchase a ticket d) 60 In the past, Cheryl has prepared taxes for friends and relatives out of her home. Last year she took an online course on tax preparation and will begin working as a paid tax preparer for a local company where most of the returns are fled electronically. Which of the following statements on the mechanics of e-filing is correct? a) Returns that are e-fled are not eligible for an extension. b) The prescribed due dates for fling returns do not apply to e-file returns. c) An electronically filed return is considered filed once the fier presses the "send" butilon d) If the electronic portion of a return is transmitted on or shortly before the due date and is ultimately rejected, but the Provider and the taxpayer comply with the requirements for timely resubmission of a correct return, the return will be considered timely filed. 61. Cheryl notices that Form 8879 has a place for the ERO to sign and is unsure what exactly an ERO is. Which of the folowing choices is the correct description of ERO? a) Electronic Rejection of Output b) Electronic Return Originator c) E-file Returns Optimisticaly d) Elective Return Originator 62. As a tax preparer and e-fle provider in a low-income area, Jacob often has clients who don't have the money to pay for his services at the time he prepares their returns. He explains they have the option to receive their refund through an electronic refund check (ERC). How wil this resolve the problem of not being able to pay their tax preparation fees? a) The ERC is a loan in the amount of the tax preparation fees and will enable the taxpayer to pay his tax preparer before receiving his refund b) If the taxpayer chooses to receive his refund through an ERC, the tax preparer agrees to not charge for preparing the tax return. c) The ERC will pay the tax preparation fees within 24 hours. d) The tax preparation fees are deducted from the refund to pay the tax preparer. The taxpayer will then receive the net amount. 63. Which of the folowing statements is correct about the ERC that some of Jacob's clients choose to receive ther refund through ERC they cant pay their tax preparation fees? a) The ERC is not a loan and the process takes approximately 2-3 weeks. b) The ERC is not a loan and the process takes approximately 4-6 weeks. c) The ERC is a loan and the process takes approximately 24 hours. d) The ERC is a loan and the process takes approximately 2-3 weeks