A taxpayer wishes to assert a tax position concerning the deductibility of mortgage interest on a home that is partially used for business and partially used as a vacation home.This tax position satisfies the "substantial authority" standard.This taxpayer ordinarily may assert this tax position:
A) Only if advance written permission is obtained from the IRS
B) Only if the position is prominently disclosed on the face of the taxpayer's tax return
C) Only if the position is prominently disclosed in a written statement attached to the front of the taxpayer's tax return
D) Without special conditions or disclosures
Correct Answer:
Verified
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