Supreme Court Rejects Timely Filed Tax Return Case

Oct. 15, 2019, 2:35 PM

The Supreme Court on Oct. 15 denied review of a case involving the U.S. Tax Court’s stance that a timely filed tax return didn’t trigger a three-year statute of limitations on an IRS assessment.

The Tax Court in 2014 held that Steven T. Waltner and Sarah V. Waltner were liable for $8,801 in tax on Steven Waltner’s unreported wages from 2008, as well as statutory additions and a $10,000 penalty for taking frivolous positions.

Several months after the statute of limitations on assessment had expired, the IRS told the Waltners they owed tax for ...

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