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-   -   Statute of limitations (https://www.askmehelpdesk.com/showthread.php?t=166807)

  • Dec 29, 2007, 12:07 PM
    jmn43
    Statute of limitations
    Is there a statute of limitations for the government to audit your taxes.
  • Dec 29, 2007, 12:14 PM
    s_cianci
    I believe it's 2 years.
  • Dec 29, 2007, 10:23 PM
    MukatA
    For assessment of tax you owe, this generally is 3 years from the date you filed the return or the due date of the return, which ever is later.

    If you did not report income that you should have reported on your return, and it is more than 25% of the income shown on the return, the period of limitations does not run out until 6 years after you filed the return.
    If a return is false or fraudulent with intent to evade tax, or if no return is filed, an action can generally be brought at any time.
  • Dec 30, 2007, 12:19 AM
    AtlantaTaxExpert
    Agreed!
  • Dec 30, 2007, 03:08 PM
    kliem
    Concise and precise answer from MukatA.
  • Dec 30, 2007, 11:55 PM
    AtlantaTaxExpert
    MukatA has that annoying habit of being both concise and precise! :-)

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