How long does the IRS have to collect back taxes from me? Will I owe this for the rest of my life?
The IRS has 10 years to collect back taxes from you. Note, this is 10 years from the date of assessment, not 10 years from when the tax returns were originally due. So, you will not owe this for the rest of your life.
1040 accounting business taxes charity Child Tax Credit deductions dioscounts donations EITC estimated tax payments FSA gifts Happy Holidays hurricane interest rates IRA IRS IRS problem IRS Shutdown ITIN Judge Rochelle Curley Law Events Sarasota lifetime learning credit Mary King natural disaster owing taxes pay taxes retirees Sarasota Sarasota Events small business SRQ tax tax attorney tax credit tax extension tax help tax law tax prep tax reform tax refund tax scams The TWIG Veterans withholdings