is there a statute of limitations in which the irs can collect a debt.?

Answer 1

Not once the debt is established. Errors in filing have something like 7 years to be discovered. Fraud has no limits though.

Answer 2

the statute for COLLECTION is 10 yrs from date the tax debt was assessed. The dear old IRS can ask politely or othewrwise that you sign a waiver to extend the 10 yrs, but not usually done. One I recall is where a retired teacher owed about $1000 and she was paying about $10 month to IRS, she was "compelled" to sign a waiver extending tax debt for another 20 years. Normally if you owe a lot of moneyto IRS they WILL NOT "compell" a waiver". No I am not kidding, one day I will tell you folks here how the Big Bad IRS really works. Some of you may realize getting your tax questions answered here ain't the best idea.

Answer 3

Ignore the other answers. The IRS has 3 years from the date of filing the return, in general, to assess the tax, meaning go through audit and determine that you owe more. Once they do that, or if you file a return showing that you owe, they have 10 years to collect the debt. If the amount is significant, say more than $10,000 or so, as the end of the 10 year period approaches, they can ask the US Attorney's office to go into federal court and get a judgment against you for the amount of taxes, penalties and interest that you owe. That gets them a whole new set of downs.

Answer 4

The IRS has 10 years to collect outstanding tax debts. That's 10 year from when the tax was due.

Answer 5

Typically the IRS will go back 25-30 years maximum for a collection.

Answer 6

no...they can collect on you throughout your entire life and until your debt is paid.

Answer 7

Not really....