I never claimed my son in my 1998 taxes.
Is it possible to claim him now and get the money?
2007-04-21 13:52:09 · 6 answers · asked by cdf 1 in Business & Finance ➔ Taxes ➔ United States
No, you can only go back 3 years for refunds. 2003 just passed its deadline. 2004 is as far back as you can go now.
2007-04-21 14:09:01 · answer #1 · answered by CarVolunteer 6 · 1⤊ 0⤋
I totally agree with the above poster. It is way too late to go back and file an amended return for 1998 and claim your son. The IRS website says you can only go back 3 years to claim a refund. Sorry!
2007-04-21 14:12:46 · answer #2 · answered by MarineMom 6 · 0⤊ 0⤋
It's called the statute of limitations for a reason. A 3-year statute usually applies in the case of amending Federal tax returns already filed (some states allow 4 years). However, if fraud is involved, the usual 3-year statue doesn't apply. There's no logical reason the same types of rules that apply in criminal cases (no statute for most serious crimes, such as murder) shouldn't also apply in the filing and amending of tax returns.
2007-04-21 17:48:15 · answer #3 · answered by byu1980 2 · 0⤊ 0⤋
generally a taxpayer may only amend or file tax returns for the open years. currently they are 2006,2005,2004.
there are exceptions to the rule and generally you must show very good cause for having not filed those years. like being in a coma, or perhaps being a confirmed hostage in a third world nation.....both highly unlikely....but not impossible
2007-04-22 05:49:14 · answer #4 · answered by amazed 3 · 0⤊ 0⤋
You can only get money on an amended return for three years, so no, you can't.
2007-04-21 14:15:47 · answer #5 · answered by Judy 7 · 0⤊ 0⤋
no,, only 3 yrs back
2007-04-21 15:23:31 · answer #6 · answered by Jo Blo 6 · 0⤊ 0⤋