Question: How Many Years Does The IRS Go Back To Collect On Unfiled Tax Returns?

10 years

What happens if you don’t file taxes for 5 years?

If you file your taxes but don’t pay them, the IRS will charge you a failure-to-pay penalty, which is 0.5 percent of your unpaid taxes for each month you don’t pay, up to 25 percent. In short, even if you’re only a couple of months behind on your taxes, the consequences can pile up, thanks to fees and interest.

Can you go to jail for not filing a tax return?

Under federal law, you can face up to a year in jail and up to $25,000 in fines for not filing your return. The penalties are even stricter if you commit fraud. However, you cannot go to jail just for owing taxes. You can only go to jail for not filing or for purposefully evading taxes.

How many years can the IRS go back to audit?

three years