Statute of Limitations
Is there a statute of limitations on how long
the state(Division of Taxation and Finance)has to (use the courts) to recover a personal income tax liability? There has been a Chapter 7 Bankruptcy
discharge in the time since the tax liability period, which was tax year 1992.
1 Answer from Attorneys
Re: Statute of Limitations
The Chapter 7 discharge should not have affected
the 1992 liability for income taxes. These are
not dischargeable.
The applicable statute depends upon what action
is being taken by the Tax Department. Audits
are generally three years from due date. Judgments
can be as long as twenty years from date of
entry. Assessments may be only six years long. Intercepts
extend the time limits. So, there is simply not
enough information to answer the question.
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