Mr and Mrs

question 30

Essay

Mr. and Mrs. Lester failed to report a $40,540 capital gain on their 2014 Form 1040. The gross income reported on the return was $169,404, and the return was filed on January 20, 2015. What is the last date on which the IRS can assess additional tax for 2015?

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Definitions:

Retina

The light-sensitive layer of tissue at the back of the inner eye, responsible for converting light into neural signals for visual recognition.

Lens

A transparent structure in the eye that focuses light onto the retina to produce clear images.

Elongated Eye

A condition often associated with myopia, where the eyeball is longer than normal, causing light to focus in front of the retina.

Nearsightedness

A common vision condition in which close objects are seen clearly, but objects farther away appear blurred.