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Bula 28 Bula 28
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3 years ago
Peyton has adjusted gross income of $2,000,000 on his 2016 tax return, filed April 15, 2017, the due date. He accidentally failed to include $200,000 that he received for a television advertisement. How long does the IRS have to audit Peyton's federal tax return?

▸ until April 15, 2019

▸ until April 15, 2020

▸ until April 15, 2023

▸ The IRS can audit Peyton's return at any future date.
Textbook 
Federal Taxation 2017 Individuals

Federal Taxation 2017 Individuals


Edition: 30th
Authors:
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ricesp01ricesp01
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3 years ago
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Bula 28 Author
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3 years ago
I appreciate what you did here, answered it right Smiling Face with Open Mouth
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Thanks
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2 hours ago
Correct Slight Smile TY
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