The estate of Monique Chablis earned $630 of income this year. Is the estate required to file an income tax return?

multiple choice

Yes, because the estate's gross income is more than $600 the estate is required to file an income tax return.

No, because the estate's gross income is less than $600 the estate is not required to file an income tax return.

No, the estate is exempted from filing an income tax return.

Yes, the estate has to file an income tax return irrespective of its income.