It’s 2015- Four years ago today thousands of 2010 tax returns were being filed.
If your 2010 tax return wasn’t one of the returns being filed in 2011, you should still file as soon as possible. Let’s take a deeper look.
There’s a Three Year Statute of Limitations for Tax Refunds
Thanks to the three year statute of limitations, April 15, 2014 was the last day to claim your 2010 tax refund. After the deadline the IRS stopped issuing 2010 refunds.
Nervous about filing a late 2010 tax return? If you were expecting a 2010 tax refund, you won’t have to face any late penalties or interest. However, if you weren’t expected to claim a refund for 2010 taxes, you should expect to pay penalties and interest. Not to mention, you should file your 2010 as soon as possible, considering the penalties will continue to increase.
