Final answer:
The rationale for the constructive receipt doctrine is that if the income is available, the taxpayer should be allowed to postpone the income recognition.
Step-by-step explanation:
The correct answer is a) True. The rationale for the constructive receipt doctrine is that if the income is available, the taxpayer should be allowed to postpone the income recognition.
The constructive receipt doctrine is an important principle in tax law. It states that if income is made available to a taxpayer, even if the taxpayer does not physically receive it, the taxpayer must still recognize it as income for tax purposes.
For example, if an employer issues a paycheck to an employee in December but the employee does not cash or deposit the check until January, the employee must still report the income in the year the check was issued because the income was made available to the employee.