Frank and Wanda Munoz filed their 2017 tax return on Feb 3, 2018, and took the standard
Question:
Frank and Wanda Munoz filed their 2017 tax return on Feb 3, 2018, and took the standard deduction: they realized in March 2018 that they should have taken the itemized deduction. can Frank and Wanda change their election to itemized deduction once a return has been filed?
1. Review Regulation §1.63-1 of the Internal Revenue Code.
2. Review the Owl website on how to write a business letter. Review sample business letters.
3. Write a one-page letter to the Munozs in response to their question.
Your letter should include the following: include all parts of the letter discussed on the Owl website restate the circumstance/facts/question provide an answer to the question use proper formatting and block format use times new roman, font size 12 use proper grammar.
South-Western Federal Taxation 2019 Comprehensive
ISBN: 9781337703017
42th Edition
Authors: David M. Maloney, William A. Raabe, William H. Hoffman, James C. Young