Skip to main content
Level 1
June 6, 2019
Solved

Do we keep our tax papers forever?

  • June 6, 2019
  • 1 reply
  • 17 views

how many years do we keep our tax papers?

    Best answer by ddaven12

    The IRS recommends taxpayers keep their returns and any supporting documentation for three years after the date of filing.You may want to keep records on assets such as stocks, bonds or your house longer than the statute of limitations suggests.

    Here is a TurboTax article that provides additional information  https://turbotax.intuit.com/tax-tools/tax-tips/General-Tax-Tips/How-Long-Do-Federal-and-State-Tax-Re...

    1 reply

    ddaven12Answer
    Level 10
    June 6, 2019

    The IRS recommends taxpayers keep their returns and any supporting documentation for three years after the date of filing.You may want to keep records on assets such as stocks, bonds or your house longer than the statute of limitations suggests.

    Here is a TurboTax article that provides additional information  https://turbotax.intuit.com/tax-tools/tax-tips/General-Tax-Tips/How-Long-Do-Federal-and-State-Tax-Re...