If the taxpayer does not respond in 30 days, a statutory notice of deficiency will be issued. The taxpayer has 90 days (150 days if the notice is mailed to a person outside of the United States and the District of Columbia) to file a petition with the United States Tax Court for a re-determination of the deficiency. If the taxpayer does not file a petition with the Tax Court, the tax will be assessed. Return to Life cycle of a private foundation
