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IRS Three-Year Rule: Taxpayers' Rights and Obligations
The IRS's three-year rule, or statute of limitations, allows taxpayers three years from the filing date to claim refunds or amend returns; the IRS also has three years to audit; exceptions exist for significant underreporting or fraudulent returns.
IRS Three-Year Rule: Taxpayers' Rights and Obligations
The IRS's three-year rule, or statute of limitations, allows taxpayers three years from the filing date to claim refunds or amend returns; the IRS also has three years to audit; exceptions exist for significant underreporting or fraudulent returns.
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