(Answered) For the tax year 2016 kristen reported a gross income of

Finance

For the tax year 2016, Kristen reported a gross income of $1,000,000 on her time filed federal Income tax return.

Presuming the general rule applies, when does the statute of limitation on assessment normally expire?

Suppose Kristen inadvertently omitted gross income of $240,000. When does the statute of limitation on assessment expire?

Suppose the omission was deliberate and not inadvertent. When does the statute of limitation on assessment expire?

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