Leo Lambert, a calendar year taxpayer, ﬁled his 2011 individual income tax return on March 15, 2012, and attached a check for the balance of tax due as shown on the return. On June 15, 2012, Leo discovered that he had failed to include, in his itemized deductions, $1,000 interest on his home mortgage. In order for Leo to recover the tax that he would have saved by utilizing the $1,000 deduction, he must ﬁle an amended return no later than:

Question

Quizplus · Accepted Answer

The amended return would have to be ﬁled within three years of the due date of the return, or April 15, 2015.

Leo Lambert, a Calendar Year Taxpayer, ﬁLed His 2011 Individual