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Indicate the Date That the Statute of Limitations Would Run

question 41

Essay

Indicate the date that the statute of limitations would run out on the following situations:

a.The IRS assesses additional taxes for a 2013 tax return audit on May 5, 2015.How long does the IRS have to collect the tax?
b.On April 1, 2015, the IRS asks for and the taxpayer agrees to an additional year to complete an audit for a 2011 tax return which was filed on March 9, 2012.
c.Jeremy reported $10,000 of worthless debt on his 2014 tax return which he filed on August 3, 2015.
d.Jenny files her 2015 tax return on February 25, 2016.
e.James omits 7 percent of his income on his 2013 tax return which he filed on July 12, 2014.


Definitions:

Visual Cliff

An experimental setup used to measure infants' perception of depth and their understanding of fear of heights.

Depth Perception

The ability of the visual system to interpret distance or depth of objects in one's field of view.

Innate

An inherent quality or ability that one is born with, not acquired or learned.

Retinal Disparity

This term refers to the slight difference in the visual images that each eye perceives due to the eyes’ horizontal separation. It is a critical binocular cue that allows for depth perception.

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