Jump to content

How long do you keep old tax documents and returns?


Recommended Posts

I keep 7 years worth.  IRS says 4-5, with some exceptions.  My tax lady also has sets for at least a decade.  

I am not concerned about it or audit.  I am small potatoes.  It would cost them too much to audit a lower income family like us. Besides Trump slashed the budget for IRA auditers.  Very low odds.  I'll probably keep all these records for nothing. 

Link to comment
Share on other sites

55 minutes ago, Dirtyhip said:

I have 4 years ready to be shredded.  Now @Kirbyis making me nervous.  HAHA

I've kept them for  far too long.  The only thing I've ever used them for is  once I needed to fill out an application listing each address I had for a number of years and I used that to get address info.  In theory I could also double check my social security earnings record, but I've never actually done that. 

Link to comment
Share on other sites

Create an account or sign in to comment

You need to be a member in order to leave a comment

Create an account

Sign up for a new account in our community. It's easy!

Register a new account

Sign in

Already have an account? Sign in here.

Sign In Now

  • Recently Browsing   0 members

    • No registered users viewing this page.
  • Create New...