How Long Does the IRS Have To Collect?

The general rule is that the IRS has 10 years from the return due date for a return (April 15) or from the date the tax is assessed to collect. For a return filed after April 15, the tax assessment date will be the date the return is actually filed.

If the tax owed is from an audit, the 10 year period for the additional tax owed begins on the date that additional amount is assessed, after your audit has concluded.

There are a few exceptions to the general rule. The collection statute is also extended while the […]