Answered: Maryann filed her Income Tax Return for…

Maryann filed her Income Tax Return for taxable year 2021 on May 2, 2022. After an investigation, it was discovered that the tax paid was deficient. The last day for the BIR to send an assessment is?

SWFT Comprehensive Vol 2020

43rd Edition

ISBN:9780357391723

Author:Maloney

Publisher:Maloney

Chapter26: Tax Practice And Ethics

Section: Chapter Questions

Problem 18CE

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Concept explainers

Filing Federal Income Tax Return

A tax is the amount of money paid to the government on the revenue earned by the individual or business organization. It acts as an income for the government and an expense for the individual or business organization. There are different regulations regarding filing an income tax return in other countries.

Question

Maryann filed her Income Tax Return for taxable year 2021 on May 2, 2022. After an
investigation, it was discovered that the tax paid was deficient. The last day for the BIR to send
an assessment is?

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