Question

Basu received a letter from the IRS that gave him the choice of (1) paying a proposed deficiency or (2) filing a petition with the U.S. Tax Court. Basu received the: Multiple Choice 30-day letter. 90-day letter. Appeals letter. Tax adjustment letter. None of the choices are correct.

Answer 1

From the explanation below, the letter received by Basu is called a 90-day letter.

What is a 90-day letter?

A 90-day letter can be described as an IRS notification in which it stated that there was a discrepancy or error in the taxes of an individual, and that they would be levied until a petition is submitted.

If the taxpayer does not respond within 90 days, the audit inadequacies will result in a reassessment.

Learn more about IRS here: https://brainly.com/question/11986964.

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