2006-11-28 08:20:10 · 3 answers · asked by ubertaz69 1 in Business & Finance ➔ Taxes ➔ United States
They can assess taxes for 3 years from the date your return was due or the date you filed, whichever is later. Once they have assess the taxes, I am not aware of a time limit for collecting. The link below id IRS Publication 594 titled "What You Should Know About The IRS Collection Process." The 10 year figure mentioned in the first answer appears to be the term of a tax lien "if the IRS has not filed it again." I saw no limit on how many times they can file a lien.
2006-11-28 11:32:06 · answer #1 · answered by STEVEN F 7 · 0⤊ 0⤋
Everything in the last two answers is true. I'd just add that if the 10 year statute of limitations on collection is running out, and the amount so justifies, the IRS will ask the US Attorney to sue you for the amount of the taxes. That way, there would be no applicable statute of limitations on collecting the judgment against you.
2006-11-29 03:41:25 · answer #2 · answered by mattapan26 7 · 0⤊ 0⤋
I am not sure what you mean by claim but the IRS has 10 years from the assessment date to collect taxes.
2006-11-28 16:37:47 · answer #3 · answered by Wayne Z 7 · 0⤊ 1⤋