Choose the response that best describes the Assessment Statute Expiration Date (ASED).

The time period which is three years from the unextended due date of the return or date the return was filed, whichever is later.

A one-year statute of limitations for assessing additional tax and collection of the tax liability.

A time period of three years from the extension due date of the return or when the return was filed, whichever is later.

A three-year time period from the due date of the return, not including extensions, or when the return was filed, whichever is earlier.