Business, 13.02.2020 22:02 sarahholt517

Allen filed his 2016 tax return on May 15th, 2017 and underreported his gross income by 30 percent. Assuming Allen's underreporting is not due to fraud, the statute of limitations for IRS assessment on Allen's 2016 tax return should end:
A) May 15th, 2019.
B) April 15th, 2019.
C) May 15th, 2020.
D) April 15th, 2020.
E) None of the above.

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Allen filed his 2016 tax return on May 15th, 2017 and underreported his gross income by 30 percent....

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