kcjenkins Posted March 17, 2014 Report Posted March 17, 2014 http://www.forbes.com/sites/robertwood/2014/03/14/irs-can-audit-you-forever-but-key-steps-can-prevent-it/ Quote
Abby Normal Posted March 17, 2014 Report Posted March 17, 2014 >If you have too much tax withheld but fail to file a return, you usually only have two years (not three) to get it back. What? I've never had a problem filing close to the three year deadline. Quote
Max W Posted March 18, 2014 Report Posted March 18, 2014 "if the IRS adjusts your federal return you are obligated to file an amended return in California. If you don’t, the California statute never runs out." This is incorrect, the CA statute of limitations is 20 years. This went into effect a few years ago, but prior to that there was no limitation. Quote
kcjenkins Posted March 19, 2014 Author Report Posted March 19, 2014 Good to know, although 20 years is still crazy long. Quote
Recommended Posts
Join the conversation
You can post now and register later. If you have an account, sign in now to post with your account.