You must apple the tax law in effect for tax year 2023( even though we must use the 2022 forms and schedules because not all of the 2023 forms and schedules are available at this time) and you must assume you are preparing the return in April 2024.

7. The TP files Form 4868 on February 1, 2024 to extend the due date for filing his 2023 Federal income tax return and pays $4,300. The appropriate place to enter this amount is on: a. Form 4868, Line 7, and Schedule 3, Line 1. b. Form 4868, Line 7, and Schedule 3, Line 10. c. Form 4868, Line 5, and Schedule 3, Line 1. d. Form 4868, Line 5, and Schedule 3, Line 10.