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  3. Study Set
    Federal Taxation
  4. Exam
    Exam 1: An Introduction to Taxation and Understanding the Federal Tax Law
  5. Question
    For Omissions from Gross Income in Excess of 25% of That
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For Omissions from Gross Income in Excess of 25% of That

Question 21

Question 21

True/False

For omissions from gross income in excess of 25% of that reported, there is no statute of limitations on additional income tax assessments by the IRS.

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