Fred has been completing his own tax returns for years. The IRS has recently contacted him with questions about some of his prior returns. How many years back is he responsible for providing documentation?

Question

Quizplus · Accepted Answer

Generally, the IRS can go back six years to audit a tax return if there was a good-faith mistake. If the IRS determines that there was fraud or intentional underreporting of income, they can go back further, up to 10 years. Therefore, Fred is responsible for providing documentation for the past six years.

Fred Has Been Completing His Own Tax Returns for Years