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STATUTE OF LIMITATIONS.

699574
Level 2

HOW LONG DO YOU HAVE TO FILE YOUR RETURN IF YOU HAVE A REFUND COMING?

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7 Replies 7
abctax55
Level 15

The SOL doesn't begin running until a return is filed. If you are really asking how long you can wait to file and STILL 'get an overpayment refunded... 3 years (generally.. )

Former Chump..umm... AllStar...This message was typed from 6 feet away so you can safely read it immediately.

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itonewbie
Level 15

@abctax55 is right.  It's more complicated than just 3 years from the date the return was filed or 2 years from the time the tax was paid, whichever is later, or 2 years from the time the tax was paid if no return was filed.

Reading the 2nd Circuit Court of Appeals' opinion on Weisbart v United States Department of Treasury will help you understand the intricacies of the relevant provisions.

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Just-Lisa-Now-
Level 15
Level 15

3 years from the due date of the return.


♪♫•*¨*•.¸¸♥Lisa♥¸¸.•*¨*•♫♪
Accountant-Man
Level 11

In other words, and to emphasize, if you wait too long, you will not get the refund, even if they owe you one.

But if you owe them money, you will be assessed penalties and interest, too.

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qbteachmt
Level 15

@699574 

Is there some reason that makes sense to explain why you keep asking this same topic? This is your Fourth time, over the past 3 weeks:

https://proconnect.intuit.com/community/proseries-discussions/discussion/statute-of-limitation/01/50...

https://proconnect.intuit.com/community/tax-talk/discussion/deadline-for-filing-a-1040-with-a-refund...

https://proconnect.intuit.com/community/proseries-discussions/discussion/filing-deadline/01/51583#M2...

Because asking again and again will not change the answer and really is Rude to your peers, that are trying to get client tax returns done, since this is the height of filing season.

 

Play nice with others on the web, please.

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abctax55
Level 15

Thanks for finding those, Michele.  I didn't realize there were duplicate questions by the OP.

Former Chump..umm... AllStar...This message was typed from 6 feet away so you can safely read it immediately.

If a post answers your question, click on *Accept as solution* for future searches
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qbteachmt
Level 15

Maybe this person is hoping for a different answer? Keep asking the crowd, take the average of the answers, and go with that as their solution? After all, you folks have kindly given this person lots of help. It's a shame they are not paying attention to it.

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"Level Up" is a gaming function, not a real life function.
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