Identify which of the following statements is true.
A)The 90-day letter offers the taxpayer the choice of paying the tax assessed or filing a petition refuting the tax assessment with the Tax Court.
B)A taxpayer can choose to initiate tax litigation in a U.S. district court, the Tax Court, or a Court of Appeals.
C)The IRS cannot raise a new tax issue after issuance of the Statutory Notice of Deficiency (90-day letter).
D)All of the above are false.

Question

Quizplus · Accepted Answer

The 90-day letter, also known as the Statutory Notice of Deficiency, gives the taxpayer the option to either pay the assessed tax or file a petition with the Tax Court to dispute the assessment.

Identify Which of the Following Statements Is True