Question
Allen filed his 2021 tax return on May 15 th , 2022, and underreported his gross income by 30 percent. Assuming Allen's underreporting is not
Allen filed his 2021 tax return on May 15th, 2022, and underreported his gross income by 30 percent. Assuming Allen's underreporting is not due to fraud, the statute of limitations for IRS assessment on Allen's 2021 tax return should end:
a. may 15 2024 b.april 15 2024 c. may 15 2025 d. april 15 2025 e. none of the choices are correct
Andy filed a fraudulent 2021 tax return on May 1, 2022. The statute of limitations for IRS assessment on Andy's 2021 tax return should end:
a. may 1 2025 b. april 15 2025 c. may 1 2028 d. april 15 2028 e. none of the choices are correct
Martin has never filed a 2021 tax return despite earning approximately $30,000 providing landscaping work in the community. In what tax year, will the statute of limitations expire for Martin's 2021 tax return?
a. 2024 b. 2025 c. 2028 d. 2029 e. none of the choices are correct
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