Tax forms

over9five

Moderator
Staff member
How long do y'all keep copies of your tax returns?
Is there a rule? ("Keep them x amount of years!")
I looked on the IRS website, and can't find an answer.
 

moreluck

golden ticket member
We just shredded everything older than 7 years. However, if you are audited for a return 7 years ago, the IRS can start there and go back even more.

7 is the suggested # of years to keep.
 

over9five

Moderator
Staff member
Do you guys keep just the return, or EVERYTHING?

I keep everything (pay stubs, bank statements, mortgage statements etc), but it starts to take up a lot of space. I keep 10 years worth now, but I think I'll shred back to 7 like you.

Guess you know what I've been doing today...
 
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