Using the legend provided, classify each of the following statements: Legend A = Tax avoidance E =
Question:
Legend
A = Tax avoidance
E = Tax evasion
N = Neither
a. Sue writes a $707 check for a charitable contribution on December 28, 2014, but does not mail the check to the charitable organization until January 10, 2015. She takes a deduction in 2014.
b. Sam decides not to report interest income from a bank because the amount is only $19.75.
c. Harry pays property taxes on his home in December 2014 rather than waiting until February 2015.
d. Variet switches her investments from taxable corporate bonds to tax-exempt municipal bonds.
e. Mel encourages his mother to save most of her Social Security benefits so that he will be able to claim her as a dependent?
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Related Book For
South Western Federal Taxation 2015
ISBN: 9781305310810
38th Edition
Authors: William H. Hoffman, William A. Raabe, David M. Maloney, James C. Young
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