How long are you suppose to retain your personal Tax Returns?

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How long are you suppose to retain your personal Tax Returns?

IRS QUESTION

2007-01-18 10:42:38 · 3 answers · asked by Anonymous in Business & Finance ➔ Taxes ➔ United States

3 answers

I have always heard that you should keep them seven years; these days, though, I think I'd keep them at LEAST ten.

2007-01-18 10:49:45 · answer #1 · answered by Anonymous · 1⤊ 0⤋

you re suppose to retain any financial records for at least 5 years to 7 years

2007-01-18 10:46:23 · answer #2 · answered by Desert Rose 2 · 0⤊ 0⤋

Depending on your specific situation, the IRS link below recommends between 3 years and INDEFINITELY (aka forever). I personal recommend as long as you can find storage space.

2007-01-18 11:50:07 · answer #3 · answered by STEVEN F 7 · 0⤊ 0⤋