The Refund Statute Expiration Date (RSED) is a statute of limitation that is a date, by law, for a taxpayer to claim a refund for overpayment of taxes. Understanding the RSED is vital to protecting a taxpayer’s right to a refund and in determining deadlines for filing amended returns or making an abatement request. The rules have several variables which can often be difficult to understand. This presentation will review the rules for the Refund Statute Expiration Dates by using visual examples to easily illustrate how the RSED works allowing Tax Professionals of all levels to feel confident in their understanding. 

Learning Objectives: 

• Define what the Refund Statute Expiration Date (RSED) is and how it impacts a taxpayer’s right to a refund of overpayment


• List the dates and rules required to calculate the Refund Statute Expiration Date (RSED)


• Identify which Refund Statute Expiration Date (RSED) is applicable in a given situation


• Recognize how to calculate and identify opportunities for refunds owed to individual taxpayers