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    Taxation of Individuals
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    Exam 2: Tax Compliance, the Irs, and Tax Authorities
  5. Question
    If the IRS Assesses Additional Tax on a Tax Return
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If the IRS Assesses Additional Tax on a Tax Return

Question 108

Question 108

True/False

If the IRS assesses additional tax on a tax return upon audit, a taxpayer may be subject to interest and penalties on the underpayment.

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