Identify Which of the Following Statements Is True

Identify which of the following statements is true.

A) Individuals and calendar year- end corporations may obtain six- month extensions for paying taxes and filing their returns for the taxable year by filing the appropriate extension requests.
B) A partnership is not required to file a return if the partnership has no income for the year.
C) The "automatic" extension period for filing an individual return is five months.
D) All of the above are false.

Correct Answer:

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