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Thread: statute of limitations for amended returns.
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Created on: 06/29/09 11:38 PM
Replies: 3
Viewed: 448

Posted by: norstrom
59 posts since - 05/22/2007
statute of limitations for amended returns. - 6/29/09 at 11:38 PM

does the 3 year statute of limitations for amended returns begin from the date that you actually filed the tax return or from the april 15th deadline date for filing a tax return.

i have a situation with a client who filed her 2005 tax return on 6/1/07 and i would like to amend it.

thank you

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Posted by: les grans
293 posts since - 06/24/2007
RE: statute of limitations for amended returns. - 6/30/09 at 10:40 AM

You can amend a return anytime, but you [your client] won't get any money back if the amendment is filed after the expiration of the statute of limitations, which ran out for your client's 2005 return on April 15, this year, unless she had an extension of time for filing her 2005 return.

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Posted by: Max W
274 posts since - 01/04/2007
RE: statute of limitations for amended returns. - 7/9/09 at 8:06 PM

If the original return has an unpaid balance due,

then there is no time limit to amend it if the 1040x reduces the balance.

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Posted by: choochoo
82 posts since - 02/05/2008
RE: statute of limitations for amended returns. - 7/10/09 at 2:53 PM

Max W

Where can I find some info on this? Have a client with balance due on 1993 and 1994. In 1996 he had a big NOL. Are you saying I can amended those two returns?

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