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Calendar-year corporations that request an extension for filing their 2018 tax returns will have a tax...

Calendar-year corporations that request an extension for filing their 2018 tax returns will have a tax return due date of October 15. true /false

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Answer #1

Answer: True

Explanation:

Calandar-year corporations close their accounts according the calandar-year ending. Then the corporations should be fill their tax returns if there is a tax return.

Calendar and fiscal year corporations other than those whose accounting period ends  with a June 30 year-end can extend their tax returns for five months.

Therefore, Calendar-year corporations that request an extension for filing their 2018 tax returns will have a tax return due date of October 15 is true.

Thus, the given statement is true.

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