In March 2021, Kuni asks you to prepare his Federal income tax returns for tax years 2018,
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In March 2021, Kuni asks you to prepare his Federal income tax returns for tax years 2018, 2019, and 2020. In discussing this matter with him, you discover that he also has not filed for tax year 2017. When you mention this fact, Kuni tells you that the statute of limitations precludes the IRS from taking any action as to this year.
a. Is Kuni correct about the application of the statute of limitations? Why or why not?
b. If Kuni refuses to file for 2017, should you prepare returns for 2018 through 2020? Explain.
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solution a IRS can generally assess for a particular year within three years f...View the full answer
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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
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