Filing a fraudulent income tax return that understates income or overstates deductions is known as
A)tax evasion
B)logrolling
C)tax avoidance
D)rent seeking
E)profiteering

Question

Quizplus · Accepted Answer

Filing a fraudulent income tax return that understates income or overstates deductions is a deliberate attempt to avoid paying the full amount of taxes owed, which is considered an illegal activity known as tax evasion.

Filing a Fraudulent Income Tax Return That Understates Income or Overstates