What is the time limitation for e-filing tax returns?

The correct answer addresses the time limitation for e-filing tax returns, which permits the e-filing of returns due within the current year or the previous year. This means that individuals can submit their current tax obligations electronically, as well as any returns they may have missed in the previous tax year.

E-filing is subject to specific time frames to maintain compliance with IRS regulations, which are in place to streamline the filing process and ensure refunds are processed efficiently. The option indicates an understanding that while you can file current and past returns using e-filing, options for returns due beyond this, such as irretrievable older returns, are not available for e-filing. The ability to e-file is largely focused on maintaining a manageable window for accurate record-keeping and tax assessments.

In terms of the other options, they suggest either incorrect time frames or fail to align with IRS guidelines regarding e-filing. Therefore, recognizing the limitations correctly helps taxpayers navigate their responsibilities effectively while utilizing e-filing technology.