You must make every effort to include all income in your tax return.
- However, your tax return must be "substantially correct".
- The IRS defines this as: "For individuals, a substantial understatement of tax applies if you understate your tax liability by 10% of the tax required to be shown on your tax return or $5,000, whichever is greater."
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@Mike9241 was correct in asking what changed and how much?
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