Legal Question in Tax Law in Illinois

how long does the state of Illinois have to collect income taxes before the statue of limitations is up


Asked on 1/28/14, 1:45 pm

2 Answers from Attorneys

They have up to 20 years to collect income tax, depending on when taxes are assessed, and when liens were filed, etc. In the case of fraud or failure to file returns, there is no limit on collections.

Read more
Answered on 1/28/14, 8:29 pm
Virginia Prihoda Law Offices of Virginia Prihoda

In Illinois, tax returns are considered "assessed" when they are filed. Measure twenty years from that date.

Read more
Answered on 1/29/14, 7:28 am


Related Questions & Answers

More Tax and Taxation Law questions and answers in Illinois