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Allen Filed His 2020 Tax Return on May 15 th

Question 96

Multiple Choice

Allen filed his 2020 tax return on May 15 th, 2021, and underreported his gross income by 30 percent. Assuming Allen's underreporting is not due to fraud, the statute of limitations for IRS assessment on Allen's 2020 tax return should end:


A) May 15 th, 2023.
B) April 15 th, 2023.
C) May 15 th, 2024.
D) April 15 th, 2024.
E) None of the choices are correct.

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