How long should I keep my Turbo Tax files and discs? I have some going back over 20 years and would like to shred them, but don't know how much to keep.
The IRS states that: Keep recordsfor 3 years from the dateyoufiled your original return or 2 years from the dateyoupaid thetax, whichever is later, ifyoufile a claim for credit or refund afteryoufile your return.Keep recordsfor 7 years ifyoufile a claim for a loss from worthless securities or bad debt deduction.
