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Note: The article author is actually a CPA or tax specialized. This article is for general information purposes, and might not be construed as tax professional guidance. Readers are strongly motivated to consult their tax professional regarding their personal tax situation.

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Three Year Rule - The taxes owed in question has for for a return transfer pricing that was due at minimum three years in in the marketplace. You cannot file bankruptcy in 2007 and continue to discharge a 2006 tax owed.

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