Wednesday, March 28, 2007

Deadline for amending tax returns

Generally, to claim credits or refund, your tax returns or amended tax returns must be filed within three years of the original filing deadline.

You are too late to amend your 2002 return now. The deadline was April 15, 2006.

If you want to amend your 2003 return (which was due April 15, 2004), you have until April 15, 2007 to do so.


Note: the tax code says that the IRS has three years to give you a refund, three years to audit your tax return, and ten years to collect any tax due. Together, these laws are called the "statutes of limitations."

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