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Should I be saving credit card receipts for tax purposes? And how about in terms of identity theft? It seems not much damage can be done with last 4-digits of the credit card number that's usually printed on the receipts. (?)

2006-08-07 10:19:23 · 7 answers · asked by ML 2 in Business & Finance Credit

7 answers

How would you dispute an incorrect charge on your credit card bill if you don't have the receipt? And If you purchase something and want to return it, you get a better refund with the receipt.

Some companies still put the entire card number on receipts. Be safe, don't assume anything.

Save in a box or bag until the end of the year. Then shred....

2006-08-08 01:38:49 · answer #1 · answered by Anonymous · 0 0

All credit card reciepts x out all the numbers except for the last 4 numbers. There is really no way to become a victim of identity theft from just the receipt. But, if you don't want that worry, just rip the reciept in 2 or 3 pieces.

2006-08-07 17:26:39 · answer #2 · answered by 2glock 2 · 0 0

You don't have to keep the credit card receipt, you should have a sales receipt for most purchases/expenditures. You could use your credit card statement as documentation for the Internal Revenue Service.

2006-08-07 17:24:16 · answer #3 · answered by Adios 5 · 0 0

Saving for tax purposes is only necessary if anything you bought is tax-deductible - like making a charity donation or something.

As far as identity theft - I rip 'em up or feed 'em to the shredder once they're on my statement. One can never be too safe, ya know? (Maybe that's just me - I trust no one.)

2006-08-07 17:23:51 · answer #4 · answered by zippythejessi 7 · 0 0

I may be a bit paranoid, but the only paper I throw out without shredding is paper plates. I even shred old shopping lists.

2006-08-07 18:47:52 · answer #5 · answered by STEVEN F 7 · 0 0

Absolutely safe. Nothing anyone can do with the last four digits.

2006-08-07 17:25:30 · answer #6 · answered by murphly 2 · 0 0

yes thats cool

2006-08-11 12:22:52 · answer #7 · answered by blackknightninja 4 · 0 1

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