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Question 1: Was there an error on Marianne's return concerning the installment sale? What are the proper responses to the discovery of an error on a tax return?
Question 2: Recompute the 2010 - 2012 taxable income amounts regarding the installment note, by correcting the error. What now is Marianne's capital loss carryover into 2013?
Question 3: Does the audit notice fall within the statute of limitations period?
Attachment:- Tax.zip
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