I have direct deposit, and never had any problems, I dont claim any deductions or special tax stuff, plus the employer should have a record of what they're paying me, or I could get a copy of my checking stuff from my bank if I got audited, so shouldn't I just shred and thow away the earnings statements that come with my paycheck ?
2006-09-26 08:20:06 · 4 answers · asked by Anonymous in Business & Finance ➔ Taxes ➔ United States
Rule of thumb is to keep end of year statements for 7 years. Since your employer is legally obligated to send you an EOY statement, yes you can shred the earnings statement stubs.
2006-09-26 08:26:42 · answer #1 · answered by Anonymous · 1⤊ 0⤋
I personally keep all of my statements. The each pay statement should have a 'year to date' section. Therefor, the most recent and last of each year are all you really need. When you get rid of statements, you should shred them.
2006-09-26 20:41:08 · answer #2 · answered by STEVEN F 7 · 0⤊ 0⤋
some like to keep everything, but I always keep the just latest one...and also the one for the end of the year to check against the W2.
2006-09-26 15:26:19 · answer #3 · answered by Chuckie 7 · 1⤊ 0⤋
Keep them till your deposit shows in the bank and then you can toss them.
2006-09-26 15:23:22 · answer #4 · answered by kathy p 3 · 0⤊ 1⤋