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@libbyr01 wrote:
It is really the State return for 2008, however, he requested the transcript of IRS 2008 tax return which is not attainable. My argument is that you cannot go back past 3 years also. He is responding to my denial of owing anything from 2008 because of 7 years time limitation on debts.
Assessments and collections are different.
Generally, the IRS has three years to assess a tax liability except for instances where gross income is understated by 25% or more (giving them six years) or when a return is never filed (the limitations period never begins to run).
The IRS, generally, has ten years to collect after a final assessment is made (except in certain, unusual, circumstances).
Some states provide for a collection period of up to twenty years (or even longer for a few), but the assessment period is typically much shorter.
Intuit (TurboTax) no longer produces or sells any 2008 version of TurboTax.
You might be able to find a copy on Amazon (via a third party reseller) or eBay, but it will likely no longer update.
Is "2008" a typo? Do you mean 2018? TurboTax and the IRS save returns for seven years. It is hard to imagine that you are being audited for 2008.
@xmasbaby0 wrote:
.....It is hard to imagine that you are being audited for 2008.
Indeed; the IRS rarely goes back more than 3 tax years much less 12.
It is really the State return for 2008, however, he requested the transcript of IRS 2008 tax return which is not attainable. My argument is that you cannot go back past 3 years also. He is responding to my denial of owing anything from 2008 because of 7 years time limitation on debts.
@libbyr01 wrote:
It is really the State return for 2008, however, he requested the transcript of IRS 2008 tax return which is not attainable. My argument is that you cannot go back past 3 years also. He is responding to my denial of owing anything from 2008 because of 7 years time limitation on debts.
Assessments and collections are different.
Generally, the IRS has three years to assess a tax liability except for instances where gross income is understated by 25% or more (giving them six years) or when a return is never filed (the limitations period never begins to run).
The IRS, generally, has ten years to collect after a final assessment is made (except in certain, unusual, circumstances).
Some states provide for a collection period of up to twenty years (or even longer for a few), but the assessment period is typically much shorter.
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