What is the ASED of a 2015 Form 1040 that was timely filed and paid on April

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What is the ASED of a 2015 Form 1040 that was timely filed and paid on April 15, 2016, when the taxpayer reported gross wage income of $100,000 and an audit reveals the following corrected income figures.?

Related Book For answer-question

Income Tax Fundamentals 2013

ISBN: 9781285586618

31st Edition

Authors: Gerald E. Whittenburg, Martha Altus Buller, Steven L Gill

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Posted Date: Apr 24, 2024 06:11 AM

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What is the ASED of a 2015 Form 1040 that was timely filed and paid on April

Question:

IRS Asserted Income TP Reported Income $95,000 $105,000 $125,000 $130,000 $100,000 IRS Asserted Income TP Reported Income $95,000 $105,000 $125,000 $130,000 $100,000

Expert Answer:

Income Tax Fundamentals 2013

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