I've been imaging old tax forms and receipts that are over 6 years old and was wondering, do I really need to keep all that paper when I can image all the receipts, statements, and forms into a single computer image for each year which I can always view or print if needed? Or do I really need original copies of receipts, etc.
2007-01-26 06:02:18 · 6 answers · asked by CrossFade5 1 in Business & Finance ➔ Taxes ➔ United States
You would want to keep paper copies for 3 yrs, in case of audit questions arise. Otherwise keeping them electronically is a great idea too. Make sure to back them up on a disk in case you have computer problems
2007-01-26 06:12:51 · answer #1 · answered by Anonymous · 0⤊ 0⤋
Sure, but have a back up (which is essentially the same as a paper copy) and, if you do not send your receipts, I would advise you to keep those (and maybe copies even if you do unless the source of your receipts are required to keep theirs for 7 years and you can get copies if need be)
2007-01-26 06:13:51 · answer #2 · answered by basport_2000 5 · 0⤊ 0⤋
I in no way crammed out a paper pollin my existence. I prefer the previous mechanical vote casting machines I voted on for 3 a protracted time to the hot digital machines that are some billion circumstances much less perplexing to rig.
2016-11-01 08:47:33 · answer #3 · answered by nocera 4 · 0⤊ 0⤋
I'd keep the originals just to be safe. Maybe after 10 years shred them. Better to be overly safe than sorry. I've done that in the past myself.
2007-01-26 06:10:29 · answer #4 · answered by Smelly Cat 5 · 0⤊ 0⤋
As long as you have a reliable server that has its data backed up in several places, Id say go for it.
2007-01-26 06:08:42 · answer #5 · answered by M O 6 · 0⤊ 0⤋
yes, why not. make several copies and store in websites and your USB key
2007-01-26 06:09:54 · answer #6 · answered by sm bn 6 · 0⤊ 0⤋