,
,Chapter 1: The Individual Income Tax Return
1. A corporation is a reporting entity but not a tax-paying entity. True
False
2. Partnership capital gains and losses are allocated separately to each of the partners. True
False
3. Married taxpayers may double their standard deduction amount by filing separatereturns.
True False
4. An item is not included in gross income unless the tax law specifies that the item issubject to
taxation.
True False
5. For taxpayers who do not itemize deductions, the standard deduction amount is
subtracted from the taxpayer's adjusted gross income.
True False
6. A taxpayer with self-employment income of $600 must file a tax return. True
False
7. A dependent child with earned income in excess of the available standard deductionamount
must file a tax return.
True False
True False
, 8. A single taxpayer, who is not blind and who is under age 65, with income of $8,750must file
a tax return.
True False
,Chapter 1: The Individual Income Tax Return
1. A corporation is a reporting entity but not a tax-paying entity. True
False
2. Partnership capital gains and losses are allocated separately to each of the partners. True
False
3. Married taxpayers may double their standard deduction amount by filing separatereturns.
True False
4. An item is not included in gross income unless the tax law specifies that the item issubject to
taxation.
True False
5. For taxpayers who do not itemize deductions, the standard deduction amount is
subtracted from the taxpayer's adjusted gross income.
True False
6. A taxpayer with self-employment income of $600 must file a tax return. True
False
7. A dependent child with earned income in excess of the available standard deductionamount
must file a tax return.
True False
True False
, 8. A single taxpayer, who is not blind and who is under age 65, with income of $8,750must file
a tax return.
True False
