Mrs. Julian started business on July 15, 2016. What should be the coverage of her 2016 income tax return?
A. January 1 to July 15, 2016
B. July 16, 2016 to July 15, 2017
C. July 15, 2016 to December 31, 2016
D. January 1 to December 31, 2016
Answer: C. July 15, 2016 to December 31, 2016