Correction period - self-dealing
The correction period starts on the day the act of self-dealing occurs and ends 90 days after a notice of deficiency for the additional tax is mailed.
The correction period may be extended by:
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Any period in which the deficiency cannot be assessed because of a petition to the tax court
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Any period the IRS determines is reasonable and necessary
Additional information
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Page Last Reviewed or Updated: 2012-11-26
