Superb Professors

Your client comes to you on Feb 2nd to file her return so she can receive a refund due.  You promptly file the return and she receives her refund.  On March 15th she comes to you with a 1099 for $10,000 that she forgot to provide you.    Identify the true statement:

A.
If you file the amended return on March 17th, your client’s statute of limitations for assessment  changes from commencing on 2/2 to 3/17.

B.
You are precluded from filing another return until the 4/15 deadline has passed

C.
The amended return that you file on 3/17 is now considered her original return

D.
If the omission from income is greater than 25% of her gross income, her filing of the amended return on 3/17 results in the statute of limitations for assessment now being open for six years.

 
Looking for a Similar Assignment? Order now and Get 10% Discount! Use Coupon Code “Newclient”

The post Your client comes to you on Feb 2nd to file her return so she can receive a refund due.  You promptly file the return and she receives her refund.  On March 15th she comes to you with a 1099 for $10,000 that she forgot to provide you.    Identify the true statement: appeared first on Superb Professors.

"Order a Custom Paper on Similar Assignment! No Plagiarism! Enjoy 20% Discount"