Mail the check to the charitable organization


Using the legend provided, classify each of the following statements:

A - Tax avoidance
E - Tax evasion
N- Neither

a. Monica writes a $1,000 check for a charitable contribution on December 28, 2011, but does not mail the check to the charitable organization until January 10, 2012. She takes a deduction in 2011.

b. Robert decides not to report interest income from a bank because the amount is only $11.75.

c. Jim pays property taxes on his home in December 2011 rather than waiting until February 2012.

d. Jane switches her investments from taxable corporate bonds to tax-exempt municipal bonds.

e. Ted encourages his mother to save most of her Social Security benefits so that he will be able to claim her as a dependent.

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Accounting Basics: Mail the check to the charitable organization
Reference No:- TGS072541

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