Potentially Abusive Return Law and Legal Definition
A potentially abusive return is an Internal Revenue Service (IRS) return:
a. that is not a fraudulent return;
b. that the taxpayer is required to file; or
c. that may contain inaccurate information that may lead to an understatement of a liability or an overstatement of a credit resulting in production of a refund to which the taxpayer may not be entitled.
Legal Definition list
- Potential Liquidation Value
- Potential First-Generation College Student [Education]
- Potential Current Beneficiary
- Potential Biological Removal Level
- Potentia Inutilis Frustra Est
- Potentially Abusive Return
- Potentially Hazardous Foods
- Potentially Infectious Medical Waste
- Potestas
- Potestative Condition
- Poultry and Poultry Product Inspection Act
