Quon filed an amended return claiming a $100,000 refund. The IRS disallowed the refund, and it can assess a penalty in the amount of % of the disallowed amount if there was no reasonable basis of support for the refund claim.

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The Answer of Quon filed an amended return claiming a $100,000 refund. The IRS disallowed the refund, and it can assess a penalty in the amount of % of the disallowed amount if there was no reasonable basis of support for the refund claim.

Quon Filed an Amended Return Claiming a $100,000 Refund