Typical Length of Master's Degree Programs. A master's degree should take around two years to earn, during which time you'll complete between 30 and 50 hours of coursework and finish a written thesis that is likely based on original research of some kind. At the end of your program, you'll probably have to pass written or oral examinations as well.
The statute of limitations for additional tax debt is 3 years from the later of the due date or the file date of the tax return. If required tax was understated by more than 25%, the statute of limitations is 6 years.
The statutes of limitations not only limits the IRS in assessing additional tax on returns filed, but it also limits the amount of time you have to claim a refund or credit due. If the three-year deadline for filing has passed, the IRS, by law, cannot issue your refund. As you can see, the statutes of limitations go both ways for the taxpayer and the IRS. The difference is that while the IRS has three years from when the return is due or filed, whichever is later, the taxpayer only has three years from when the return is due.