Form 4549 is a document used by the Internal Revenue Service (IRS) during an audit to summarize the findings of the audit examination. This form provides a clear outline of any discrepancies or issues identified in a taxpayer's return and proposes adjustments that may result in additional taxes owed or a refund. Understanding this form is crucial for taxpayers as it outlines the results of the audit process and sets the stage for any potential appeals procedures.
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