Apply Statute Of Limitations Rules Practice Test

For federal income tax, a taxpayer did not file a 2020 Form 1040 by April 15, 2021 and did not obtain an extension. The taxpayer eventually filed the return on February 1, 2024. There is no fraud and no substantial omission. Under these circumstances, when does the IRS statute of limitations for assessment generally expire?

For federal income tax, an individual taxpayer (calendar year) filed the 2022 Form 1040 on October 20, 2023, after the April 18, 2023 due date and with no extension. The return was not fraudulent and there was no substantial omission of gross income. Under these circumstances, when does the IRS’s statute of limitations for assessment generally expire?