Brianna, a calendar year taxpayer, files her income tax return for 2020 on February 3, 2021. Although
Question:
Brianna, a calendar year taxpayer, files her income tax return for 2020 on February 3, 2021. Although she makes repeated inquiries, she does not receive her refund from the IRS until May 28, 2021. Is Brianna entitled to interest on the refund? Explain.
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 71% (7 reviews)
Brianna a calendar year taxpayer is entitle for no interest as per subsection a on the overpaym...View the full answer
Answered By
Marvine Ekina
Marvine Ekina
Dedicated and experienced Academic Tutor with a proven track record for helping students to improve their academic performance. Adept at evaluating students and creating learning plans based on their strengths and weaknesses. Bringing forth a devotion to education and helping others to achieve their academic and life goals.
PERSONAL INFORMATION
Address: , ,
Nationality:
Driving License:
Hobbies: reading
SKILLS
????? Problem Solving Skills
????? Predictive Modeling
????? Customer Service Skills
????? Creative Problem Solving Skills
????? Strong Analytical Skills
????? Project Management Skills
????? Multitasking Skills
????? Leadership Skills
????? Curriculum Development
????? Excellent Communication Skills
????? SAT Prep
????? Knowledge of Educational Philosophies
????? Informal and Formal Assessments
0.00
0 Reviews
10+ Question Solved
Related Book For
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
Question Posted:
Students also viewed these Business questions
-
Brianna, a calendar year taxpayer, files her income tax return for 2015 on February 3, 2016. Although she makes repeated inquiries, she does not receive her refund from the IRS until May 28, 2016. Is...
-
Y 100-x Mr. Kat, a resident of Meowville, can consume electricity (x) and natural gas (y). His utility function is U (x, y) Suppose that the price of electricity is p, the price of natural gas is py,...
-
In Problems 1968, solve each equation, if possible. -4 x + 4 || -3 x+6
-
Which of the following entities are subject to income tax? (a) Proprietorship (b) Individual (c) Joint venture (d) Trust (e) Limited partnership (f) Corporation (g) Partnership
-
A solution is made by mixing 33.8 g of CH3OH in 50.0 g of H2O. What is the mole fraction of CH3OH in the solution?
-
Randomly permute each row of the matrix below using R. \[\left[\begin{array}{llll}1 & 1 & 1 & 1 \\2 & 2 & 2 & 2 \\3 & 3 & 3 & 3 \\4 & 4 & 4 & 4\end{array} ight]\] You can construct the matrix below...
-
Lowen Corporation grants stock options to its managerial employees on December 31 of each year. Employees may acquire one share of common stock with each stock option. Lowen sets the exercise price...
-
1. Using Python, encrypt your name in CTR mode. (You can use a library like PyCryptoDome for the encryption.) b. Implement the bit-flipping attack on the CTR-mode encrypted message from the previous...
-
The following data represent glucose blood levels (mg/100 ml) after a 12-hour fast for a random sample of 70 women (Reference: American Journal of Clinical Nutrition, Vol. 19, pp. 345-351). Note:...
-
For tax year 2019, the IRS assesses a deficiency against David for $500,000.Disregarding the interest component, what is Davids penalty if the deficiency is attributable to: a. Negligence? b. Fraud?
-
Regarding the statute of limitations on additional assessments of tax by the IRS, determine the applicable period in each of the following situations. Assume a calendar year individual with no fraud...
-
What is the probability that there are exactly two girls in a family with four children? Assume that girls and boys are equally likely.
-
Blossom Corp. obtained a tradename in January 2024, incurring legal costs of $72,720. The company amortizes the tradename over 8 years using the straight-line method. Blossom successfully defended...
-
Would you make any changes to the Federal tax policy related to this area of the IRC ? If so , what would you change and why? How would these changes help rectify the disparate outcomes by race?
-
A figure skater spins at the end of her routine and slows down with an angular acceleration of "0.4" A per second squared. If she initially spun with a frequency of 2.35 Hz, how much time does it...
-
1. A car has tires that have an outer diameter of 31 inches. If the wheels are turning with an angular velocity of 12 rad/s, how far in miles will the car travel in 2 hours? Enter your result rounded...
-
1C.1 What's the largest gravitational force you can produce between the two masses? (Note: it's convenient to express the forces in this sim in terms of piconewtons-pN. One piconewton is 0.000000 000...
-
How many nonisomorphic caterpillars are there with six vertices?
-
F.(3e* -2x 3 sin(2x)) is equal to 2 3 Cos 8. IT 3, t (4+@ 2 3, 1+o 1 4 Cos 4 4 1 3. 1 +4cos V7 (1+o 4 1 4 Cos 4 1+0 4-
-
In the current year, Juanita and Joseph form a two-member LLC and do not file Form 8832 (Entity Classification Election). As a result, the LLC will be treated as a partnership for Federal tax...
-
A personal service corporation (PSC) generally is limited to the calendar year for reporting purposes. One exception to this rule is when the PSC can demonstrate a business purpose for a fiscal...
-
A new client, John Dobson, recently formed Johns Premium Steakhouse, Inc., to operate a new restaurant. The restaurant will be a first-time business venture for John, who recently retired after 30...
-
How do advancements in single-cell technologies, such as single-cell RNA sequencing (scRNA-seq) and mass cytometry, provide insights into cellular heterogeneity and lineage tracing, with implications...
-
As predicted, the river crested at 3 feet above flood level. Search and rescue operations are underway. There is increasing concern about the nuclear power plant in the downstream area. Three people...
-
Using the output in Figure 1, write a program that uses the Encapsulation concept where: i. Make the instance variables private. ii. Have getter and setter methods in the class to set and get the...
Study smarter with the SolutionInn App