How many years should I keep?

How many years should I keep?

Keep records for 3 years from the date you filed your original return or 2 years from the date you paid the tax, whichever is later, if you file a claim for credit or refund after you file your return. Keep records for 7 years if you file a claim for a loss from worthless securities or bad debt deduction.

How long should you keep your bank statements?

one year

Should you keep tax returns forever?

According to the IRS, individual taxpayers should keep returns for three to six years. Non-filers and fraudsters should keep their records forever.

How many years of medical records should you keep?

seven years

What records should you keep and for how long?

To be on the safe side, McBride says to keep all tax records for at least seven years. Keep forever. Records such as birth and death certificates, marriage licenses, divorce decrees, Social Security cards, and military discharge papers should be kept indefinitely.