An audit can span up to seven years of previously filed tax returns and therefore a particular year is not exempt from being within the subject matter of an audit should you be audited more then once. For example, if you were audited in 2004, the tax year 2003 was included in the audit. If you are audited again in 2006, the 2003 tax year can be included again.
If the IRS has previously determined that all returns and paperwork for a particular year are in order, they may exclude that year from subsequent audits, however, there are often tax consequences in future years due to actions in previous returns (ie carry over credits for capital losses.) so you can expect that a tax year is subject to inclusion in an audit until it is greater then seven years prior.
2006-10-30 11:33:10
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answer #1
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answered by linkedin 1
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it extremely is been greater or much less estimated that while you're audited 365 days, you will probable be the subsequent year besides no longer consistently yet style of generalization if the audit became satisfactorily satisfed that's a closed year
2016-11-26 20:03:22
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answer #2
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answered by ? 4
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The truth is there is a statute of limitations which is 3 years from the date the return was filed or two years from when the tax was paid whichever is later.
2006-10-30 12:27:18
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answer #3
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answered by Jessica M 4
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They look at issues. So you can be audited for not reporting tip income for 2004 and then be audited again for 2004 for claiming too much earned income credit.
2006-10-30 11:30:11
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answer #4
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answered by Betty 4
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yes, but only if they find something wrong. Double jeopardy doesn't apply to the irs
2006-10-31 00:22:48
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answer #5
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answered by waggy_33 6
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Oh goodness, I hope they cannot!
2006-10-30 11:28:13
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answer #6
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answered by Lady Scientist 3
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Yes, if they think you did something illegal.
2006-10-30 11:28:11
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answer #7
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answered by the shadow knows 3
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