Item Number Circumstances Filed Return Paid Tax 00 V AWN April 15, 2022 July 15, 2022 2 April 15, 2022 July 15, 2024 July 15, 2022 July 15, 2022 4 March 15, 2022 By withholding 5 March 15, 2022 July 15, 2024 6 April 15, 2023 January 15, 2022 Never By withholding Never July 15, 2024 9 April 15, 2024 Never 10 Never Never The table above relates to a 2021 calendar tax year of an individual. Assume each of the following: 1. No waivers or extension agreements are in effect. 2. The IRS has not filed a return on behalf of the taxpayer. 3. The taxpayer has never owned any securities. 4. The taxpayer has never been involved with any tax shelter. 5. No income item is omitted from the return or understated by more than 25%. 6. Only the general statutes of limitations rules apply. Using the information in the table above, select from the option list provided the time after which the individual may no longer claim a refund of overpaid tax. Each choice may be used once, more than once, or not at all. Ignore adjustments for weekends and holidays. Refund Statute of Limitations Answer 1. Item #1 2. Item #2 the time after which the individual may no longer claim a refund of overpaid tax. Each choice may be used once, more than once, or not at all. Ignore adjustments for weekends and holidays. Refund Statute of Limitations Answer 1. Item #1 2. Item #2 3. Item #3 4. Item #4 5. Item #5 6. Item #6 7. Item #7 8. Item #8 9. Item #9 10. Item #10 Item Number Circumstances Filed Return Paid Tax 00 V AWN April 15, 2022 July 15, 2022 2 April 15, 2022 July 15, 2024 July 15, 2022 July 15, 2022 4 March 15, 2022 By withholding 5 March 15, 2022 July 15, 2024 6 April 15, 2023 January 15, 2022 Never By withholding Never July 15, 2024 9 April 15, 2024 Never 10 Never Never The table above relates to a 2021 calendar tax year of an individual. Assume each of the following: 1. No waivers or extension agreements are in effect. 2. The IRS has not filed a return on behalf of the taxpayer. 3. The taxpayer has never owned any securities. 4. The taxpayer has never been involved with any tax shelter. 5. No income item is omitted from the return or understated by more than 25%. 6. Only the general statutes of limitations rules apply. Using the information in the table above, select from the option list provided the time after which the individual may no longer claim a refund of overpaid tax. Each choice may be used once, more than once, or not at all. Ignore adjustments for weekends and holidays. Refund Statute of Limitations Answer 1. Item #1 2. Item #2 the time after which the individual may no longer claim a refund of overpaid tax. Each choice may be used once, more than once, or not at all. Ignore adjustments for weekends and holidays. Refund Statute of Limitations Answer 1. Item #1 2. Item #2 3. Item #3 4. Item #4 5. Item #5 6. Item #6 7. Item #7 8. Item #8 9. Item #9 10. Item #10
