Discussion:Refund from levy - statute of limitations
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| Revision as of 00:25, 31 July 2009 Quixotic (Talk | contribs) (Take a look at S) ← Previous diff |
Revision as of 00:39, 31 July 2009 Diego (Talk | contribs) (Quixotic 6511(d)) Next diff → |
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| {{ForumReplyPost|UserID=Quixotic|Date=31 July 2009|Text=Take a look at Sec. 6511(d)(3), see if that helps at all.}} | {{ForumReplyPost|UserID=Quixotic|Date=31 July 2009|Text=Take a look at Sec. 6511(d)(3), see if that helps at all.}} | ||
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| + | {{ForumReplyPost|UserID=Diego|Date=31 July 2009|Text=Quixotic 6511(d)(3), that is the one I saw, thank you very much.}} | ||
Revision as of 00:39, 31 July 2009
Discussion Forum Index --> Basic Tax Questions --> Refund from levy - statute of limitations
Discussion Forum Index --> Tax Questions --> Refund from levy - statute of limitations
| 30 July 2009 | |
| Client lived and worked overseas for a US company from 1998 - 2006. Paid taxes abroad at a higher rate than that of the US, qualifies for earned income exclusion or can claim credit for foreign taxes paid if returns are filed. No tax liability will exist if returns are filed. Client never filed returns. IRS filed substitute returns 10/31/05 for all years. Client was not aware of this. On 9/5/06 IRS levied bank accounts to recover very substantial amounts of tax from client.
Am I correct in saying the statute of limitations does not apply here and the client can file for reconsideration of the return. What about the amount levied from the bank accounts, does the 2 year statute apply here? | |
| 30 July 2009 | |
| for the first question, I am assuming you mean SOL on refunds, and not the SOL on collection. You didn't state. | |
| 30 July 2009 | |
| If I make the other assumption, the answer is
no, yes only because you use the word 'and' | |
| 30 July 2009 | |
| Thanks Kevin, so the client can file returns for reconsideration but will not be refunded the amounts levied from the bank accounts since two years had passed. The reason why I am asking the question here is that at some point I came accross something that said there were exceptions to people working overseas but cannot find it again. | |
| 31 July 2009 | |
| Quixotic 6511(d)(3), that is the one I saw, thank you very much. | |
