Collection Statute Expiration Date (CSED)

Full Definition

The Collection Statute Expiration Date (CSED) is the deadline for the IRS to collect a tax debt. Generally, the IRS has 10 years from the date a tax is assessed to collect it. After the CSED passes, the debt is legally uncollectible and the IRS must stop collection efforts. However, certain actions can pause or extend the CSED, including filing an Offer in Compromise, requesting an installment agreement, filing for bankruptcy, or leaving the country.