Under normal circumstances, the statute of limitations for tax assessment for a return filed for 2010 on February 3, 2012, is
A)February 3, 2014
B)February 3, 2015
C)February 3, 2016
D)April 15, 2014
E)April 15, 2015

Question

Quizplus · Accepted Answer

The statute of limitations for tax assessment is generally three years from the date the return was filed or the due date, whichever is later. Since the return was filed on February 3, 2012, and the due date was April 15, 2011, the statute of limitations would be three years from the filing date, which is April 15, 2015.

Under Normal Circumstances, the Statute of Limitations for Tax Assessment