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In  the  filing  of  income  tax  returns  for  non-individual  taxpayers  (assuming  the  taxpayer  employs calendar year), which is TRUE in terms of deadline?

In  the  filing  of  income  tax  returns  for  non-individual  taxpayers  (assuming  the  taxpayer  employs calendar year), which is TRUE in terms of deadline?

FINANCIAL ACCOUNTING
FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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In  the  filing  of  income  tax  returns  for  non-individual  taxpayers  (assuming  the  taxpayer  employs calendar year), which is TRUE in terms of deadline?

1st  statement        April 30                     August 29                     November29             Apr 15

2nd statement       60 days after qtr     60 days after qtr         60 days after qtr        Apr 15

a.   Only the 1st  statement is true

b.  Only the 2nd statement is true

c.   Both of the statements are true

d.   Both of the statements are false

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