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Politics : Politics for Pros- moderated

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To: Logain Ablar who wrote (248577)5/3/2008 10:58:16 AM
From: Alan Smithee  Read Replies (1) of 793881
 
Not sure where you're coming up with 7 years, Tim.

The general limitations rules are:

1) In most cases, assessment must be made within 3 years of return filing.

2) If there is a substantial omission of income on the return, the limitations period is 6 years.

3) In the case of fraud, no limitations period.

4) If no return was filed, no limitations period.

law.cornell.edu
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