Allen filed his 2018 tax return on May 15ᵗʰ,2019 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 2018 tax return should end:
A) May 15ᵗʰ,2021.
B) April 15ᵗʰ,2021.
C) May 15ᵗʰ,2022.
D) April 15ᵗʰ,2022.
E) None of the choices are correct.
Correct Answer:
Verified
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