REG – Question on Dates – Individual Tax Returns

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  • #189557
    mvrcdntx
    Member

    Greetings all.

    I think I understand the timeframe works for filing but want to be sure.

    Example: 2013 tax return is due April 15, 2014. Taxpayer was late and filed on June 20, 2014.

    If there was an error on the return (less than 25%) the IRS has three years to review and re-assess.

    From the above example, will the IRS’ time run out on April 15, 2017 or June 20, 2017?

    Just want to be sure.

    Second time for REG in November (72 in August….) – going to pass!

    Thanks

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  • #614823
    leglock
    Participant

    Three years from later of when filed or due. So 3 yrs after june 20, 2014

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