Which of the following is NOT a social objoctive of the tax law A. prohibition of a deduction
for illegal bribes, fines and penalties B, a deduction for charitable contributions C. an exclusion
for interest eamed by large businesses D. creation of tax-favored pension plans QUESTION 5
Which of the following individuals is least likely to be audited A. Lola has AGI of $35,000 trom
wages and uses the standard deduction B. Jerry is a school teacher with 2 children earning
$55,000 a year. He also receives $200 in interest income on a bank statement C. Melvin is retred
and receives only Social Security benefits D. Marvella has a $145,000 not loss from her
unincorporated business (a horse farm) She also received $950,000 salary as a CEO of a
corporation QUESTION 6 Alan files his 2017 tax return on April 1, 2018 shortly belore the
April 17th due date. His roturn contains no misstaternents or omissions of income. The statute of
limitations for changes to the return expires A. April 1. 2022 B. April 17, 2021 C. The statute of
limitations never expires D.April 17, 2022.
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Which of the following is NOT a social objoctive of the tax law A. pr.pdf
1. Which of the following is NOT a social objoctive of the tax law A. prohibition of a deduction
for illegal bribes, fines and penalties B, a deduction for charitable contributions C. an exclusion
for interest eamed by large businesses D. creation of tax-favored pension plans QUESTION 5
Which of the following individuals is least likely to be audited A. Lola has AGI of $35,000 trom
wages and uses the standard deduction B. Jerry is a school teacher with 2 children earning
$55,000 a year. He also receives $200 in interest income on a bank statement C. Melvin is retred
and receives only Social Security benefits D. Marvella has a $145,000 not loss from her
unincorporated business (a horse farm) She also received $950,000 salary as a CEO of a
corporation QUESTION 6 Alan files his 2017 tax return on April 1, 2018 shortly belore the
April 17th due date. His roturn contains no misstaternents or omissions of income. The statute of
limitations for changes to the return expires A. April 1. 2022 B. April 17, 2021 C. The statute of
limitations never expires D.April 17, 2022
