Multiple Choice
Peyton has adjusted gross income of $20,000,000 on his 2014 tax return,filed April 15,2015.He accidentally failed to include $200,000 that he received for a television advertisement.How long does the IRS have to audit Peyton's federal tax return?
A) until April 15,2017
B) until April 15,2018
C) until April 15,2021
D) The IRS can audit Peyton's return at any future date.
Correct Answer:
Verified
Correct Answer:
Verified
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