what is the limit on how many years can go by? i know for sure they at least owe me 3K. i live in california. can somone please help
2006-06-12 18:28:08 · 5 answers · asked by gusto2257 2 in Business & Finance ➔ Taxes ➔ United States
Three years.... but you can still file a 1040X and get most of it back. They will probably penalize you a little.... if they give you flack about it, get an attorney... the IRS rakes hardworking Americans over the coals every year. According to the answer ahead of me, they wont give you a refund.... but that's crap. They WILL give you a refund if you have the stamina to fight for it. They let people make mistakes all the time in their favor, but they'll rip you to shreds if you owe them $5 from 1999 it'll turn into $5000 plus penalties and interest and all that crap. Especially if someone did your taxes for you and they're less than reputable a good lawyer WILL get your money back dude.
2006-06-12 18:35:18 · answer #1 · answered by dbs1226 3 · 0⤊ 0⤋
If in the error, you owe the government more than paid, there is no statute of limitations; you could be contacted years later and have to pay both late fees and interest. I don't know about California State Taxes, but for Federal Taxes, you have three years to claim an error. For an error on you 2002 taxes, the deadline for claiming an error is April 15, 2006. After that date, the govenment will not pay you a refund, whether it is from filing late or an error in what was filed.
2006-06-13 01:33:07 · answer #2 · answered by Garth 6 · 0⤊ 0⤋
It is 3 years from the date of filing, including extensions. If you filed your 2002 taxes on or before June 12, 2003, you are out of luck. (3 years has elapsed) If you filed it after that date, you can file an amended return using form 1040X. If you do amend your federal return, don't forget to adjust your state as well.
BTW, Garth is an idiot. The gov't can't come back after the 3 years to get any money due unless they can prove you committed fraud. Once the 3 years is up, that tax year is closed. Unless the tax refund / owed is substantial, chalk it up to experience and let it go.
2006-06-13 07:45:09 · answer #3 · answered by extra_37 4 · 0⤊ 0⤋
3 years. Form 1040X
2006-06-13 01:32:47 · answer #4 · answered by IMHO 3 · 0⤊ 0⤋
3 years for fed and 4 for CA i think
2006-06-13 22:25:33 · answer #5 · answered by KariM 2 · 0⤊ 0⤋