Keely filed her 2016 Form 1040 on April 4, 2017. What is the applicable statute of limitations

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Keely filed her 2016 Form 1040 on April 4, 2017. What is the applicable statute of limitations in each of the following independent situations?

a. The taxpayer incurred a bad debt loss that she failed to claim.

b. A taxpayer inadvertently omitted a large amount of gross income.

c. Same as (b), except that the omission was deliberate.

d. A taxpayer innocently overstated her deductions by a large amount.

e. What if no return was filed by the taxpayer?

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South Western Federal Taxation 2016 Corporations Partnerships Estates And Trusts

ISBN: 9781305399884

39th Edition

Authors: James Boyd, William Hoffman, Raabe, David Maloney, Young

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Question Posted: Sep 09, 2015 07:10 AM

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Keely filed her 2016 Form 1040 on April 4, 2017. What is the applicable statute of limitations

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a April 15 2024 Although claims for refund normally are limit...View the full answer

South Western Federal Taxation 2016 Corporations Partnerships Estates And Trusts

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