Question: Indicate whether the following statements are True or False regarding the computation of income tax for C corporations. a . C corporations do not have
Indicate whether the following statements are "True" or "False" regarding the computation of income tax for C corporations.
aC corporations do not have to file a Federal income tax return unless it has taxable income.
TrueFalse
bFor calendar year C corporations, the corporate tax return is due March of each year.
TrueFalse
cC corporations must make payments of estimated tax unless its tax liability can reasonably be expected to be less than $
TrueFalse
dSchedule M is required of corporations with more than $ million of total assets.
TrueFalse
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