E)None of the choices are correct.
A tax go-back is a document filed with a tax authority that reviews earnings, expenses, and different applicable financial facts. On tax returns, taxpayers calculate their tax legal responsibility, schedule tax payments, or request refunds for the overpayment of taxes.
Whilst to anticipate Your Refund. Refunds are typically issued inside 21 days of while you electronically filed your tax return or forty two days of while you filed paper returns. If it is been longer, discover why your refund may be behind schedule or might not be the quantity you anticipated.
Taxpayer information precis, like AIS, can be downloaded from the e-filing portal of the earnings Tax branch. To get admission to your TIS, click on AIS underneath the offerings tab of the I-T portal. click "Taxpayer data declaration" on the subsequent web page to download it in a password-protected PDF.
Your question is incomplete. Please find below the complete question.
Andy filed a fraudulent 2021 tax return on May 1, 2022. The statute of limitations for IRS assessment on Andy's 2021 tax return should end:
A)May 1st, 2025.
B)April 15th, 2025.
C)May 1st, 2028.
D)April 15th, 2028.
E)None of the choices are correct.
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Answer:
The cross price elasticity of salsa and guacamole is 0.2. The two goods are substitutes.
Explanation:
The price of guacamole is increased from $2 to $2.5.
Percentage change in price
= ![\frac{new price\ -\ initial\ price}{initial\ price} \times100](https://tex.z-dn.net/?f=%5Cfrac%7Bnew%20price%5C%20-%5C%20initial%5C%20price%7D%7Binitial%5C%20price%7D%20%5Ctimes100)
= ![\frac{2.50\ -\ 2}{2} \times100](https://tex.z-dn.net/?f=%5Cfrac%7B2.50%5C%20-%5C%202%7D%7B2%7D%20%5Ctimes100)
= 25%
The demand for salsa rises by 5%.
The cross price elasticity will be
= ![\frac{percenatge\ change\ in\ quantity\ demanded}{percenatge\ change\ in\ price}](https://tex.z-dn.net/?f=%5Cfrac%7Bpercenatge%5C%20change%5C%20in%5C%20quantity%5C%20demanded%7D%7Bpercenatge%5C%20change%5C%20in%5C%20price%7D)
= ![\frac{5}{25}](https://tex.z-dn.net/?f=%5Cfrac%7B5%7D%7B25%7D)
= 0.2
We see that the cross price elasticity is positive. This means that the two goods are substitutes. When price of one good will increase consumers will prefer the cheaper substitute, increasing its demand.
Answer:
The correct answer to the following question is A holder in due course.
Explanation:
A holder in due course is said to be a legal term , which describes about the person who has in good faith obtained a negotiable instrument and he or she has exchanged something valuable for that instrument, but the person is unaware of the fact that there might be some defect in the instrument like in title of person who is negotiating that contract.