Like almost every president who preceded him, Lincoln's actions at the time were somewhat controversial. Some of his most controversial decisions might actually be considered now to be abuses of the Presidential power.
When you find that you need to amend a tax return, you need to make sure the statute of limitations on filing one hasn't run out. The statute of limitations, or time allowed for the action, on getting a refund from an amended tax return is three years.
Length of time to keep, and why:Seven years. 1  The IRS has three years from your filing date to audit your return if it suspects good-faith errors. 2  The three-year deadline also applies if you discover a mistake in your return and decide to file an amended return to claim a refund.