Mark and Sue should not file their tax return until they can pay the entire balance due. a. True b. False

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Pranav Tucker

Business

4 October, 18:22

Mark and Sue should not file their tax return until they can pay the entire balance due. a. True b. False

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Fletcher Ruiz · Answer 1

Mark and Sue should file their tax return until they can pay their entire balance due.

Answer: Option B.

Explanation:

To pay the taxes to the government, the citizens of a country get a certain deadline in which they have to pay the taxes to the government. But beyond that dead line, there can be some tax extensions also which is normally of six months.

But if the citizens fail to pay the taxes with in that time limit of the tax extensions also, then there can be a penalty or the interest that the citizens of the country might have to pay with the amount of the tax that they have to pay to the government on the basis of the income they earn.