Can you wait 5 years to file taxes?

Can you wait 5 years to file taxes?

There's no limit to how long you have to file back taxes, but you'll lose any refund that you might have coming if you wait more than three years.

How many years can you go not filing taxes?

There is generally a 10-year time limit on collecting taxes, penalties, and interest for each year you did not file. However, if you do not file taxes, the period of limitations on collections does not begin to run until the IRS makes a deficiency assessment.5 days ago

Can I file taxes from 5 years ago?

IRS Policy Statement 5-133, Delinquent Returns – Enforcement of Filing Requirements, provides a general rule that taxpayers must file six years of back tax returns to be in good standing with the IRS. ... Sometimes, IRS managers will require tax returns from even further back than six years, depending on the situation.

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