Discussion Question 1-40 Statute of limitations: IRS assessments (LO. 5) Regarding the statute of limitations on additional assessments of tax by the IRS, determine the applicable period in each of the following situations. Assume a calendar year individual with no fraud or substantial omission involved. a. The income tax return for 2011 was filed on February 23, 2012. The three-year statute of limitations will begin to run on (Select: December 31, 2011; April 16, 2012; or February 23, 2012.) b. The income tax return for 2011 was filed on June 25, 2012. The statute of limitations will begin to run on (Select: December 31, 2011; June 25, 2012; or April 16, 2012.) c. The income tax return for 2011 was prepared on April 6, 2012, but was never filed. Through some misunderstanding between the preparer and the taxpayer, each expected the other to file the return. The statute of limitations (Select: will not begin to run; will begin on December 31, 2011; or will begin on April 16, 2012.) d. The income tax return for 2011 was never filed because the taxpayer thought no additional tax was due. The statute of limitations (Select: will not begin to run; will begin on April 16, 2012; will begin on December 3, 2011)