Regarding the rules applicable to filing of income tax returns, which, if any, of the following is an incorrect statement:
A)Married persons who file joint returns cannot later (after the due date of the return) substitute separate returns.
B)Married persons who file separate returns can later (after the due date of the return) substitute a joint return.
C)The usual test as to when a taxpayer must file a return is based on the total of the following: personal exemption + basic standard deduction + both additional standard deductions.
D)Special filing requirement rules exist for taxpayers who are claimed as dependents of another.
E)None of the above.

Question

Quizplus · Accepted Answer

The usual test for determining if a taxpayer must file a return is based on the total of their gross income, not the personal exemption, basic standard deduction, and additional standard deductions. The correct test for filing requirements is based on income thresholds set by the IRS. Therefore, statement C is incorrect. All other statements are correct. Married taxpayers filing jointly can't use separate returns later, but those filing separately can switch to a joint return. Special filing requirements exist for dependents, and these depend on various factors such as their amount of income, type of income, and age.

Regarding the Rules Applicable to Filing of Income Tax Returns