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Amber (a calendar year taxpayer) reported the following transactions, all of which were properly included in a timely filed return. Gross receipts $2,800,000 Cost of
Amber (a calendar year taxpayer) reported the following transactions, all of which were properly included in a timely filed return.
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Presuming the absence of fraud, $_______________ of an omission from gross income would trigger the six-year statute of limitations.
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