Question
The Internal Revenue Service examined and made changes to Paul's federal tax return. The changes resulted in Paul owing additional tax to the state of
The Internal Revenue Service examined and made changes to Paul's federal tax return. The changes resulted in Paul owing additional tax to the state of California. How long does he have to report these changes to the Franchise Tax Board (FTB)?
Six months from the final federal determination.
Two years from the final federal determination.
Within four years of the original filing date or one year from the date of overpayment, whichever is later.
He is not required to report the change to the FTB. He should wait to see if the FTB contacts him.
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Loss Control Auditing A Guide For Conducting Fire Safety And Security Audits
Authors: E. Scott Dunlap
2nd Edition
103244293X, 978-1032442938
