Alice's brother, Edward, received a Notice of Deficiency from the IRS proposing an increase for his 2017
Fantastic news! We've Found the answer you've been seeking!
Question:
Alice's brother, Edward, received a Notice of Deficiency from the IRS proposing an increase for his 2017 income taxes. The IRS claims he failed to report $10,000 in contractor income. Edward received the notice six months ago and is only now debating whether he should disagree with the tax increase.
Edward decides to file an amended return claiming he did not receive the contractor income in 2017 because he actually received the income in 2018 and reported it in that tax year. Because he's claiming that he does not owe the income taxes, can he file suit right away? Explain why or why not?
Related Book For
Federal Tax Research
ISBN: 9781285439396
10th Edition
Authors: Roby Sawyers, William Raabe, Gerald Whittenburg, Steven Gill
Posted Date: