Terry Files His Return on March 31

Terry files his return on March 31. The return shows taxes of $6,000, and Terry pays this entire amount when he files his return. By what time must he file a claim of refund?

A) four years from the payment of tax date, if the IRS mails a notice of deficiency
B) the later of three years from the return due date or two years from the date the tax is paid
C) two years from the payment of tax date, if the IRS mails a notice of deficiency in the third year following the due date of the return
D) the later of two years from the return filing or three years from the date the tax is paid

Correct Answer:

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