Peyton has adjusted gross income of $2,000,000 on his 2018 tax return, filed April 17, 2019, 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?
A) until April 17, 2025
B) until April 17, 2022
C) until April 17, 2021
D) The IRS can audit Peyton's return at any future date.
Correct Answer:
Verified
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