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lorinatl
New Member

How long do I have to keep physical copies of 1099’s that were issued to me?

 
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How long do I have to keep physical copies of 1099’s that were issued to me?

https://turbotax.intuit.com/tax-tips/tax-planning-and-checklists/how-long-do-federal-and-state-tax-r...

**Disclaimer: Every effort has been made to offer the most correct information possible. The poster disclaims any legal responsibility for the accuracy of the information that is contained in this post.**

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3 Replies

How long do I have to keep physical copies of 1099’s that were issued to me?

https://turbotax.intuit.com/tax-tips/tax-planning-and-checklists/how-long-do-federal-and-state-tax-r...

**Disclaimer: Every effort has been made to offer the most correct information possible. The poster disclaims any legal responsibility for the accuracy of the information that is contained in this post.**

How long do I have to keep physical copies of 1099’s that were issued to me?

what does it cost you to toss the consolidated 1099-B and all the other tax documents into your folder for that tax year with your paper copy of your tax return?

UNLESS

do you have a 200 page consolidated 1099-B from day trading?

lorinatl
New Member

How long do I have to keep physical copies of 1099’s that were issued to me?

what does it cost you to toss the consolidated 1099-B and all the other tax documents into your folder for that tax year with your paper copy of your tax return?

UNLESS

do you have a 200 page consolidated 1099-B from day trading?”


Some contractors can also have a large pile of tax forms which can pile up over the years. If someone is moving a long distance this can actually be costly so having accurate information is important. Same if someone is moving into assisted living or downsizing for some other reason.

 

I appreciate the accurate answer.

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