Re: IRS statute of limitations

Posted by Taziblue (68.130.241.182) on October 06, 2003 at 12:43:54:

In Reply to: Re: IRS statute of limitations posted by rlee from oh on October 05, 2003 at 21:44:54:

Rlee is 100% correct. IRS has ten years to collect from the date you filed the return. Enjoy your good fortune.

Caveat to anyone owing IRS. Do not sign anything that resets the clock or extends the payment period. Pay what you can and wait it out.