The IRS treats an adjustment in tax resulting from an unallowable item identified in return as a correction of a mathematical or clerical error.

Name: The IRS treats an adjustment in tax resulting from an unallowable item identified in return as a correction of a mathematical or clerical error.
Brand: Quizplus
Rating: 4.7 (35 reviews)

Question

Quizplus · Accepted Answer

The IRS considers adjustments for unallowable items as corrections of mathematical or clerical errors, allowing them to make changes without a formal audit process.

The IRS Treats an Adjustment in Tax Resulting from an Unallowable