Question: Keely filed her 2016 Form 1040 on April 4, 2017. What is the applicable statute of limitations in each of the following independent situations? a.
Keely filed her 2016 Form 1040 on April 4, 2017. What is the applicable statute of limitations in each of the following independent situations?
a. The taxpayer incurred a bad debt loss that she failed to claim.
b. A taxpayer inadvertently omitted a large amount of gross income.
c. Same as (b), except that the omission was deliberate.
d. A taxpayer innocently overstated her deductions by a large amount.
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