Tax Drill - Statute of Limitations Indicate whether the following statements are "True" or "False" regarding the statute of limitations. a. Under the general rule, the IRS may assess an additional tax liability against a taxpayer within five years of the filing of the income tax return. b. A statute of limitations is a provision in the law that offers a party a defense against a suit brought by another party after the expiration of a specified period of time. c. If a taxpayer omits an amount of gross income in excess of 25 percent of the gross income reported on the return, the statute of limitations is increased to six years. d. A claim for refund generally must be filed within three years from the date the return was filed or within two years from the date the tax was paid, whichever is later