In May 2021, Hernando, a resident of California, has his 2019 Federal income tax return audited by
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In May 2021, Hernando, a resident of California, has his 2019 Federal income tax return audited by the IRS. An assessment of additional tax is made because he inadvertently omitted some rental income. In October 2021, California audits his state return for the same year. Explain the coincidence.
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South-Western Federal Taxation 2022 Individual Income Taxes
ISBN: 9780357519073
45th Edition
Authors: James C. Young, Annette Nellen, William A. Raabe, Mark Persellin, William H. Hoffman
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