Comments on: How Long Do I Need to Keep Tax Returns?

By: Filing Old Taxes

Filing Old Taxes — Sat, 23 Jul 2011 17:20:00 +0000

We get this question all the time. The IRS would love to go back beyond 3 years.

By: Back Year Taxes

Back Year Taxes — Mon, 20 Jun 2011 00:21:34 +0000

I get asked this question all the time and the answer is…it depends. If you file fraudulent returns then you need to keep everything forever. But for most folks it is 3 year for fed and 4 years for state.

By: Michael

Michael — Mon, 07 Mar 2011 04:34:13 +0000

Do electronic copies (scanned documents saved as PDF) of all tax documents (returns and supporting documents) cover me from a retention perspective? I hate keeping paper files. I do my taxes on TurboTax and file electronically so all the official tax documents are already in PDF. I appreciate the advice in advance.

By: Amended Tax Return – How to File an Amended Tax Return

Amended Tax Return – How to File an Amended Tax Return — Mon, 24 May 2010 18:53:55 +0000

[...] After you file your amended tax return, keep your tax return for 3 years or 2 years from when you paid the tax if it’s later. For more information, see how long to keep tax returns. [...]

By: Economy and your Finances Carnival 23rd May 2010

Economy and your Finances Carnival 23rd May 2010 — Sun, 23 May 2010 01:09:11 +0000

[...] presents How Long Do I Need to Keep Tax Returns? posted at Tax [...]

By: Is Squatting in a Foreclosure Acceptable?

Is Squatting in a Foreclosure Acceptable? — Thu, 20 May 2010 14:17:04 +0000

[...] How Long Do I Need to Keep Tax Returns? [...]

By: How Long Do You Need To Keep Records?

How Long Do You Need To Keep Records? — Mon, 17 May 2010 19:13:01 +0000

[...] Tax Returns: The IRS can audit your returns from 3 years ago; 6 years if you grossly under reported; indefinitely if you filed a fraudulent return or did not file. So you could pitch your returns after 7 years… however, if they claim you didn’t file, and you pitched it… well, now you know why I put tax returns on the indefinite list! For more details on how long to keep tax records, see how long to keep tax returns. [...]