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You should keep tax documents for at least three years, but it's recommended to keep them for up to seven years in case of an audit.

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4mo ago

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Related Questions

How long should I keep tax documents for?

You should keep tax documents for at least 3 years, but it's recommended to keep them for up to 7 years in case of an audit.


How do you access Documents from Jackson hewitt?

how do I get copy of my 2020 documents?


How long should a person keep their 2011 Federal Tax Forms?

The IRS recommends federal income tax forms and related documents should be kept for three years. How long to keep state income tax forms depends upon state laws.


How long should a person keep their tax return transcript for?

Tax professionals commend that you keep your transcript for 7 to 10 years. Don't forget to file away your receipts and other supporting documents.


How long do you need to keep business documents for the IRS or other government agencies?

As a rule, it is best to keep all records for tax purposes for 7 years well it also depends sometimes for 3 years. It is better to consult IRS for the same


How long to save income tax documents?

They can go back 3 years into your tax documents. So i would save them for at least 5


How long do you legally need to keep your tax returns?

It is recommended that you keep your tax returns at least five years after you file.


How long do you save official documents?

5 years, if they are income tax documents. Otherwise, it depends on the document.


How long does the government require you to keep buisiness records?

The government requires you to keep business records in Canada for 6 years after the tax year they related to. These documents support and prove the information which one provided on that tax return such as: proof of income, bank statements, etc.


How long do you have to keep tax papers for?

You should keep tax papers for at least three years after filing your tax return.


What to include in tax forms regarding small businesses?

You will need to include a ledger the documents all cost and expense to show gross and net income. Backing documents like receipts do not need to be sent in but you must keep them. They can be requested at any time for up to 7 years.


How long do you need to keep your tax records in hong kong?

7 Years See Inland Revenue Website: