Allen Filed His 2013 Tax Return on May 15^th,2014 and Underreported

question 88

Multiple Choice

Allen filed his 2013 tax return on May 15^th,2014 and underreported his gross income by 30 percent.Assuming Allen's underreporting is not due to fraud,the statute of limitations for IRS assessment on Allen's 2013 tax return should end:

• A)May 15^th,2016.
• B)April 15^th,2016.
• C)May 15^th,2017.
• D)April 15^th,2017.
• E)None of thesE.Because Allen underreported his gross income by 30 percent,the SOL ends six years from the later of (1) the date the tax return was filed or (2) the tax return's original due date.

---

Definitions:

UCS

An abbreviation for Unconditioned Stimulus, a stimulus that naturally and automatically triggers a response without any prior conditioning in behavioral psychology.

Advertising Wearout

The decline in audience response or engagement with an advertisement over time, often due to overexposure or failure to refresh content.

Presentation

The act of showing or displaying information or a product to an audience in a structured manner for understanding or consumption.

Ad

Short for advertisement, a promotional message or material designed to attract interest in a product, service, or event.