Which of the following would be taxed as a long-term capital gain, rather than as ordinary income or a short-term capital gain? O Disability benefit received from an employer's insurance plan O Sale of a stock that you owned for one year and one day Sale of a mutual fund that you owned for six months and one day O Dividends from a mutual fund that you owned for five years O Distribution from an employer retirement plan Which of the following statements regarding tax filing requirements is INCORRECT? O Failure to make timely tax payments will result a penalty (interest due) o If an extension is requested, then no payment is required until the final filing, which is due in October. O A Federal tax return (Form 1040) needs to be filed, if gross income exceeds the standard deduction. If filing is necessary, then the tax form needs to be mailed (post-marked or electronically submitted) by April 15th or an extension needs to be filed by that date