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axes 2019: How long should I keep my tax returns?

Source: - Mar 12, 2019

When it comes to tax returns, the rule of thumb is to store those suckers for seven years in case the Internal Revenue Service or state government has some questions.

But for most taxpayers, that’s probably overdoing it.

How long you should keep them – and any supporting documents such as W-2s and 1099s – depends on your tax situation for the year and when that period of limitations for that tax return runs out.

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Category: General Business