Don, a calendar year taxpayer, unintentionally failed to include $40,000 of dividend income on his 2022 tax return filed on March 15, 2023. If he reported grossincome on his return of $140,000, what is the last day on which the IRS may assess him additional tax for 2022?March 15, 2026April 15, 2026March 15, 2029April 15, 2029

The due date for filing the income tax return for the year 2022 is 15 April 2023 as per…

Answered: a calendar year taxpayer, tion

Business

Accounting

a calendar year taxpayer, tion

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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Question

Don, a calendar year taxpayer, unintentionally failed to include $40,000 of dividend income on his 2022 tax return filed on March 15, 2023. If he reported gross
income on his return of $140,000, what is the last day on which the IRS may assess him additional tax for 2022?
March 15, 2026
April 15, 2026
March 15, 2029
April 15, 2029

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