A taxpayer who files a corrected 1040 after filing a fraudulent 1040 will have a statute of limitations on the assessment of that return of:
A) 3 years
B) 6 years
C) 1 and a half years
D) None

Question

Quizplus · Accepted Answer

The statute of limitations does not apply to fraudulent returns. Therefore, filing a corrected return after a fraudulent one does not change the fact that there is no statute of limitations for assessment in cases of fraud.

A Taxpayer Who Files a Corrected 1040 After Filing a Fraudulent