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How long does a person "owe" the IRS?


I've heard that back taxes, for lack of a better term, fall off after 10 years...is this true?

Once the IRS has levied a tax within whatever deadline applies for the levy -- generally 3 years from the filing deadline for a timely filed return unless fraud is involved -- they have 10 years to collect UNLESS the taxpayer agrees to a longer collection period.

And contrary to what another poster claims, even death will not stop them if your estate has any assets worth taking.

You're welcome. TFTP. Report It

Remember this: two things are inevitable, death and taxes. The tax man never forgets or forgives, unless the grim reaper gets to you first.

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