If a calendar year taxpayer's 2021 individual income tax return is mailed on June 15, 2022, the statute of limitations would normally run out on:Oa. June 15, 2025Ob. June 15, 2024Oc. April 15, 2025Od. April 15, 2024Oe. None of these choices are correct. Which of the following statements best describes the purpose of the Taxpayer Bill of Rights?Oa. To inform taxpayers of their rights in dealing with the IRSOb. To provide the IRS with additional enforcement powersOc. To grant to taxpayers the right to choose the time and method of payment of delinquent taxesOd. To inform taxpayers of the methods for properly completing their income tax returnsOe. None of these choices are correct.

Given : a. June 15, 2025 b. June 15, 2024 c. April 15, 2025 d. April 15, 2024 e. None of these…

If a calendar year taxpayer's 2021 individual income tax return is mailed on June 15, 2022, the statute of limitations would normally run out on: Oa. June 15, 2025 Ob. June 15, 2024 Oc. April 15, 2025 Od. April 15, 2024 Oe. None of these choices are correct.

If a calendar year taxpayer's 2021 individual income tax return is mailed on June 15, 2022, the statute of limitations would normally run out on: Oa. June 15, 2025 Ob. June 15, 2024 Oc. April 15, 2025 Od. April 15, 2024 Oe. None of these choices are correct.

Income Tax Fundamentals 2020

38th Edition

ISBN:9780357391129

Author:WHITTENBURG

Publisher:WHITTENBURG

Chapter12: Tax Administration And Tax Planning

Section: Chapter Questions

Problem 7MCQ

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Concept explainers

Filing Federal Income Tax Return

A tax is the amount of money paid to the government on the revenue earned by the individual or business organization. It acts as an income for the government and an expense for the individual or business organization. There are different regulations regarding filing an income tax return in other countries.

Question

If a calendar year taxpayer's 2021 individual income tax return is mailed on June 15, 2022, the statute of limitations would normally run out on:
Oa. June 15, 2025
Ob. June 15, 2024
Oc. April 15, 2025
Od. April 15, 2024
Oe. None of these choices are correct.

Which of the following statements best describes the purpose of the Taxpayer Bill of Rights?
Oa. To inform taxpayers of their rights in dealing with the IRS
Ob. To provide the IRS with additional enforcement powers
Oc. To grant to taxpayers the right to choose the time and method of payment of delinquent taxes
Od. To inform taxpayers of the methods for properly completing their income tax returns
Oe. None of these choices are correct.

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