Originally Posted by death&taxes
filing back taxes for 2012 and on and using a tax preparer...
they claim that for 2012, processing fees from my credit card processor and mortgage interest cannot be used as they are past statute of limitation of 3 years...
is this true?
NO;NO SOL in claiming mortgage INTEREST ERXPENSES and return processing fee on your late return; There is no years limit to filing back returns.
however,as you can see, in general, you, as a Taxpayer, have until the later of 3 years from the date of the original deadline of the tax return or2 years from the date the tax was actually paid to claim a refund of overpaid taxes from the IRS.
For example, your 2012 tax return is due on April 15th, 2013. Add 3 years to this filing deadline, and you have until April 15th, 2016, to file your 2012 tax return and still get a tax refund. If you file your 2012 return after April 15th, 2016, then your refund expires. It goes away forever because the statute of limitations for claiming a refund has closed.