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

[xmasbaby0 · Accepted solution]

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

[fanfare]

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]

“

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.