What is the statute of limitations for state taxes owed in Maryland?

Answer 1

The statute of limitations for Montana on any tax return is five years after the due date of the return or when the return is filed, whichever is later. If you have not filed a return, there is no statute of limitations.

Answer 2

I believe the statute of limitations for written contracts and promissory notes is eight years, and three for open-ended accounts. Credit card accounts are generally considered to be in the open-ended category. Consult with an Attorney to be sure.

Answer 3

First, there are many SOLs, mainly ones for audit, assesment and collection...as you see a progression that added together can be a long time. Depending on certain things, the sudit one is normally 3 or 4 years. However, a substantial underpayment, normally more than 25%, can extend that too. And how the days are counted can be a bit strange..but more importantly, that they can be "tolled" (stopped), by many things, most noteably from when the Dept sends a notice, received or not, until you respond for example. More importantly for many is to understand the SOL only starts to run when a return is filed. If you don't file, you are perpetually open and will never time out.

Answer 4

It varies depending on the type of debt. Written agreements, including Promissory notes and open ended accounts (credit cards) are set at 8 years in Montana. Oral agreements are set at only 5 years.

Answer 5

That is normally based on a written agreement. In Montana that is eight years.