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Tax Statutes of Limitations (CRS Report for Congress)

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Release Date Oct. 18, 2024
Report Number IG10066
Report Type Infographic
Authors Justin C. Chung
Source Agency Congressional Research Service
Summary:

The Internal Revenue Code (IRC, Title 26 of the United States Code)1 establishes the time periods—or statutes of limitations (SOLs)—during which the Internal Revenue Service (IRS) must assess tax owed and collect on tax due. The IRC also establishes the SOL for a eitaxpayer to claim a refund if the taxpayer overpays tax or qualifies for refundable tax credits. IRC SOLs are subject to exceptions, which can impact their length and operation. Examples of common exceptions that may impact the SOL are provided below.