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Indicate in the Blank Space the Date the Statute of Limitations

question 21

Essay

Indicate in the blank space the date the statute of limitations would run out on each of the following individual tax returns.
a.​
A 2015 tax return filed on April 15, 2016 which omitted $20,000 of income.The total gross income shown on the tax return was $40,000
b.A 2015 tax return filed April 15, 2016 which contained a large bad debt deduction
c.A 2001 tax return that was never filed
d.A 2015 tax return filed on April 15, 2016
e.A fraudulent 2015 tax return filed April 15, 2016


Definitions:

Scientific Method

A systematic approach to research where the problem is identified, relevant data is gathered, a hypothesis is formulated, and the hypothesis is empirically tested.

Critical Thinking

The objective analysis and evaluation of an issue in order to form a judgment, especially important in problem-solving and decision-making processes.

Humility

The quality of having a modest or low view of one's importance, often helping individuals acknowledge their own limitations and value others.

Confidence

The belief in oneself and one's powers or abilities.

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