Debbie,a calendar year taxpayer,did not file a tax return for 2003 because she honestly believed that no additional tax was due.In 2008,Debbie is audited by the IRS and the agent assesses a deficiency of $7,000 for tax year 2003.Debbie need not pay this deficiency,since the statute of limitations expired on April 15,2007.

Question

Quizplus · Accepted Answer

The statute of limitations never expires if no return has been filed.

Debbie,a Calendar Year Taxpayer,did Not File a Tax Return for 2003