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A taxpayer can avold a substantlal understatement of tax penalty: Multiple Choice If the position is frlvolous and disclosed on the tax return. If the
A taxpayer can avold a substantlal understatement of tax penalty: Multiple Choice If the position is frlvolous and disclosed on the tax return. If the position has a realistic possibility of being sustained by the IRS or courts. If the position is not frivolous and disclosed on the tax return. If the position has a reasonable basis and is disclosed on the tax return. None of the cholces are correct
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