Pelosi is a cash-basis calendar-year taxpayer. During the last week of December she received a letter containing a $5,000 check for services rendered. Which of the following is a true statement?

If Lana requests an extension to file her individual tax return in a timely manner, the latest she could pay her tax due without penalty is:

Helen and John Wick filed jointly in Year 1. They divorced in Year 2. Late in Year 2, the IRS discovered that the Wicks underpaid their Year 1 taxes by $2,000. Both Helen and John worked in Year 1 and received equal income but John had $2,000 less tax withheld than Helen did. Who is legally liable for the tax underpayment?

For filing status purposes, the taxpayer’s marital status is determined at what point during the year?

Maggie’s gross tax liability is $9,000. Maggie had $3,000 of tax credits available and she had $8,000 of taxes withheld by her employer. What are Maggie’s taxes due (or taxes refunded) with her tax return?

Astra was issued a $150 speeding ticket. This is:

Taxes influence which of the following decisions?

Jeremiah and Eliza Danvers divorced in November of Year 1. Jeremiah moved out and Eliza remained in their house with their 10-month-old daughter, Kara. Alex, Eliza’s mother, lived in the home and acted as Kara’s nanny for all of Year 1. Jeremiah provided 70 percent of Kara’s support, Alex provided 20 percent, and Eliza provided 10 percent. When the time came to file their tax returns for Year 1, Jeremiah, Eliza, and Alex each wanted to claim Kara as a dependent. Their respective AGIs for Year 1 were $50,000, $35,000, and $52,000. Who has priority to claim Kara as a dependent?

Chloe is a cash-basis taxpayer and a member of the Smallville Barter club. This year Chloe provided 100 hours of sewing services to the barter club in exchange for two football playoff tickets. Which of the following is a true statement?

Rey deducted $2,400 of state income taxes on her tax return last year. This year she received a state income tax refund of $170. What amount of the refund, if any, should Rey include in her gross income if last year her total itemized deductions exceeded the standard deduction by $350?