Like - Click this link to Add this page to your bookmarks
Share - Click this link to Share this page through email or social media
Print - Click this link to Print this page
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:
- Any period in which the deficiency cannot be assessed because of a petition to the tax court
- Any period the IRS determines is reasonable and necessary
Additional information
Return to Life Cycle of a Private Foundation
Page Last Reviewed or Updated: 23-Aug-2016