how far back can the irs go for back taxes
The IRS generally has a 3-year statute of limitations to assess and collect back taxes, but this can be extended in certain situations. Here are some general guidelines:
- 3-year statute of limitations: The IRS has 3 years from the date you filed your tax return (or the date it was due, if you filed late) to assess and collect back taxes. If you filed your return on time, the IRS has 3 years from the filing date to audit your return and assess additional taxes.
- 6-year statute of limitations: If you omitted more than 25% of your gross income from your tax return, the IRS has 6 years to assess and collect back taxes.
- No statute of limitations: If you filed a false or fraudulent tax return, or if you didn’t file a tax return at all, the IRS has no statute of limitations to assess and collect back taxes.
- 10-year statute of limitations: Once the IRS assesses back taxes, they have 10 years to collect the debt. This 10-year period starts from the date the IRS sends you a notice of assessment.
- Extension of statute of limitations: If you agree to an extension of the statute of limitations, the IRS can extend the 3-year or 6-year period. This can happen if you’re being audited and need more time to resolve the issue.
- State tax laws: Keep in mind that state tax laws may have different statutes of limitations for assessing and collecting back taxes.
It’s essential to note that even if the IRS can’t collect back taxes due to the statute of limitations, you may still be required to pay the debt if you want to:
- Obtain a passport
- Renew a passport
- Apply for a loan or credit
- Resolve any other tax-related issues
If you’re concerned about back taxes or have questions about your specific situation, it’s best to consult with a tax professional or contact the IRS directly.
