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| *The Commerce Journal>>>United States Taxes |
What are the repercussions on not filing fed income tax for 15yrs? |
not interested in any refund $. just want to know if you diidnt file how far back can they go? i thought the statute of limitations only let them (irs) go back 7 yrs? i e what if 15 yrs ago there was capital gains but for 14 yrs they owed you? There is no statute of limitations on securing delinquent income tax returns but as a matter of general policy, IRS only goes back six years unless there is fraud. contact a certified tax attorney 1st. If they suspect fraud is involved they can go back indefinitely. Run ! run ! run ! run ! SORRY ! But you cant hide ! |
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