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c . Dale fails to report $ 1 2 0 of dividends from a stock investment. His taxable income is $ 4 0 , 0
c Dale fails to report $ of dividends from a stock investment. His taxable income is $ and he has no other unusually large itemized deductions or business expenses. A Form is reported to the IRS.
Dale is to be audited It is likely that the Form checked against the reported amount and the IRS center Dale a bill for the corrected amount of tax.
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