which answer is right and why?

1. Which of the following taxpayers is most likely to be audited?

a. salary, interesting income

b. salary, standard deduction

c. salary (CEO of a corporation), loss from a horse ranch

d. retired and receiving social security benefits

e. They are all equally likely to be audited

2. Which of the following statements is true?

a. the IRS is not required to make a private letter ruling public

b. A circuit court of appeals must follow the opinion of another circuit court of appeals if the latter appeals court has previously ruled on the tax issue

c. The kiddie tax was designed to ensure that a child's earned income gets taxed at the higher tax brackets of the parents

d. In community property states, income from separate property owned before marriage is always considered to be separate income after marriage

e. None of the answers provided is correct

3. Which of the following statements is true?

a. The benefits from a tax credit differ for different taxpayers according to their marginal tax rate

b. The uncovered portion of an annuity payment is deductible as a miscellaneous itemized deduction in the year of the taxpayer's death

c. A property settlement is an income to the person receiving it and deductible by the person paying it

d. The statute of limitations for a fraudulent return is six-year

e. None of the answers provided is correct

4. Which of the following would not be a constructive dividend?

a. An unreasonable salary paid to a shareholder

b An unreasonable salary paid to the daughter of a shareholder

c. a sale of a corporation's asset to a shareholder at fair market value

d. A payment by a corporation of a shareholder's debt

e. None of them is correct