1.
If a calendar year taxpayer’s 2013 individual income tax return is mailed on June 15, 2014,
the statute of limitations would normally run out on:
a.
June 15, 2016
b.
June 15, 2017
c.
April 15, 2016
d.
April 15, 2017
e.
None of the above
a. June 15, 2016
b. June 15, 2017
c. April 15, 2016
d. April 15, 2017
e. None of the above
Solution
b. June 15, 2017
Explanation:

2.
The overarching federal tax statute of limitations runs for three years after you file a tax return. If
your tax return is due April 15, but you file early, the statute runs exactly three years after the
due date. If you file late and do not have an extension, the statute runs three years following your
actual (late) filing date. In this case, the return for calendar year 2013 is filed late and thus the
status runs three years following the actual filing date i.e. from june 2014 to june 2017.