If a taxpayer files late (i.e. ,after the due date of the return),the statute of limitations on assessments begins on the date the return is filed.

Question

Quizplus · Accepted Answer

The statute of limitations on assessments for a late-filed tax return starts on the date the return is filed, regardless of whether it was filed after the due date. This means that if the taxpayer filed the return after the due date, any interest and penalties can still be assessed, but the IRS has a limited time to reassess the tax liability.

If a Taxpayer Files Late (I