Basu received a letter from the IRS that gave him the choice of (1) paying a proposed deficiency or (2) filing a petition with the U.S. Tax Court. Basu received the:

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Basu received a 90-day letter, also known as a statutory notice of deficiency, from the IRS. This letter informs taxpayers of the proposed tax deficiency and their right to contest the deficiency in the Tax Court by filing a petition within 90 days of the mailing of the letter. Therefore, Basu's best choice is to file a petition with the U.S. Tax Court within the 90-day period instead of paying the proposed deficiency.

Basu Received a Letter from the IRS That Gave Him