Question
Question 13 (1 point) Generally, a completed Form 1120 must include _______ Question 13 options: a balance sheet a reconciliation of book income to taxable
Question 13 (1 point) Generally, a completed Form 1120 must include _______ Question 13 options:
a balance sheet
a reconciliation of book income to taxable income
an analysis of unappropriated retained earnings
all of the above
Question 14 (1 point) Which of the following penalty taxes may be imposed on a C corporation due to the corporation's unreasonable failure to pay dividends? Question 14 options:
The personal holding company tax
The accumulated earnings tax
the penalty of underpaying estimated tax
none of the above
Question 15 (1 point) Which of the following penalty taxes may be imposed on a closely held C corporation due to the corporation's unreasonable sheltering of investment income? Question 15 options:
The personal holding company tax
The accumulated earnings tax
the penalty of underpaying estimated tax
none of the above
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