3 year limit to claim Child Tax Credit (8812) and Saver Credit (8880)?

Forum|Forum|6 years ago
December 7, 2019
2 replies
18 views

Does client forfeit the Child Tax Credit (8812) and Saver Credit (8880) after three years, similar to EITC and Refunds?

I'm filing a return for 2013 (in 2019) & can't find explicit guidance on IRS.gov. Tried to call, but IRS is not answering tax law questions outside of filing season.

Lacerte Tax

This topic has been closed for replies.

Best answer by TaxGuyBill

No, those are still valid credits to offset any taxes for that year. However, the taxpayer won't be able to receive a refund from those credits if it is past the Statute of Limitations.

T

TaxGuyBillAnswer

Level 15

No, those are still valid credits to offset any taxes for that year. However, the taxpayer won't be able to receive a refund from those credits if it is past the Statute of Limitations.

H

huliAuthor

Level 2

Thank you, TGB.

itonewbie

Level 15

Normal statute of limitations based on 3 years from the date of filing and 2 years from the date of payment applies. There are no special provisions for these particular credits under §6511(c).

---------------------------------------------------------------------------------Still an AllStar

H

huliAuthor

Level 2

Thank you, itonewbie. So I can claim the credits because I'm within the 3 year time period of *filing* the return. This will be the initial filing of the return which is 5 years past due. Am I understanding this correctly?

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