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2007-02-02 07:47:10 · 10 answers · asked by lil_mi_minx 2 in Business & Finance Taxes United States

10 answers

No; but you should keep 2005 tax returns.

2007-02-02 07:57:11 · answer #1 · answered by e4rul 2 · 0 0

Your 2006 tax return is for the artwork you probably did in 2006 although that is not any longer filed until after the tip of the financial 3 hundred and sixty 5 days, that is December 31, 2006 for many human beings. additionally, for many human beings tax returns are no longer due until April fifteenth of here 3 hundred and sixty 5 days to allow time so you might receive all the tax archives you will desire as a manner to document your tax return given which you may't document your tax return until when you receive all your tax archives which includes your W-2s or 1099s.

2016-11-02 03:47:21 · answer #2 · answered by Anonymous · 0 0

No. But it helps. If you compare 2005 to 2006, an inconsistency might show up. Say charitable contributions went from $1,000 to $10,000. That would raise a red flag at the IRS office.

I always have my taxes done by H & R Block. Everything is computerized and they automatically print out a comparison statement every year. It is useful.

2007-02-02 07:55:06 · answer #3 · answered by regerugged 7 · 0 0

No. If 2006 is the first year you have filed, then why would you need to have 2005?

If you did not file for 2005, or filed an extension, you still need to file 2006 on time. Then worry about getting caught up with 2005. Just don't let yourself get farther behind.

2007-02-02 07:52:01 · answer #4 · answered by J.R. 6 · 0 1

Only to double check if you have a lot of deductions or things of that nature. Each year is a bit different so it's not necessary - maybe helpful at the most.

2007-02-02 07:54:30 · answer #5 · answered by Your Teeth or Mine? 5 · 0 0

Yes, I think, if you paid taxes in the year 2005. But if they were lost somehow, then what? Maybe not.

2007-02-02 07:50:43 · answer #6 · answered by lisateric 5 · 0 1

They are good to have, to help you remeber all your deductions, and especially if you received a refund.

2007-02-02 07:51:57 · answer #7 · answered by Beau R 7 · 0 0

It can help you fill out the forms if you have questions. You can do it, Cindy.

2007-02-02 07:54:40 · answer #8 · answered by Anonymous · 0 1

it helps - but not necessary

2007-02-02 07:49:51 · answer #9 · answered by Anonymous · 0 1

no

2007-02-02 07:49:50 · answer #10 · answered by KELLI 4 · 0 1

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