Question: Is this correct: Indicate whether the following statements are True or False regarding the computation of income tax for C corporations. a. C corporations do
Is this correct: Indicate whether the following statements are "True" or "False" regarding the computation of income tax for C corporations. a. C corporations do not have to file a Federal income tax return unless it has taxable income. False b. For calendar year C corporations, the corporate tax return is due March 15 of each year. False c. C corporations must make payments of estimated tax unless its tax liability can reasonably be expected to be less than $500. True d. Schedule M-3 is required of corporations with more than $10 million of total assets
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