How Many Tax Returns Have You Kept?

[JENNR8R 0]

I have 39 with all of the supporting documents. They are all neatly organized and divided up by years. Whenever I get a box full of them, I store them in the garage.

I just like the thought of being able to look back to the first year I was married and see how much my income was and what I paid for rent, telephone, electric, etc.

What do you call a beautiful, sunny day that comes after two cloudy, rainy
ones? -- Monday.

[LisaM 0]

I can look back to the first year I was married and how much everything cost, etc with quicken. It rocks and is eletronck!

~ Lisa
~ Do you Rigminder?

[JohnnyD 0]

If your garage gets broken into, or if you're like me and just forget to close the door, stealing your identity would be very easy. Just something to think about.

[Spatula 0]

why not just scan what you want and store it electronically...less space and less chance of ID theft.

[grue 1]

I think 5. I've only filed 6 times though.

cavete terrae.

[JENNR8R 0]

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If your garage gets broken into, or if you're like me and just forget to close the door, stealing your identity would be very easy. Just something to think about.

Hummm... I've never thought about that. Wouldn't a thief be more likely to break into my house to get to my records? If they are going to do that, I couldn't stop them.

What do you call a beautiful, sunny day that comes after two cloudy, rainy
ones? -- Monday.

[JENNR8R 0]

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why not just scan what you want and store it electronically...less space and less chance of ID theft.

Waaaaaaay too many records to make that task worthwhile. I'd destroy them first.

What do you call a beautiful, sunny day that comes after two cloudy, rainy
ones? -- Monday.

[adventurechick 0]

Umm, I might have last years somewhere..... I don't make enough for it to matter... plus I'm paid under the table for most of my jobs.

PMS #449 TPM #80 Muff Brother #3860
SCR #14705 Dirty Sanchez #233

[JENNR8R 0]

... plus I'm paid under the table for most of my jobs.

[Zep 0]

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Umm, I might have last years somewhere..... I don't make enough for it to matter... plus I'm paid under the table for most of my jobs.

Hi, I'm the IRS man an I'm here to help you, can you explain what kind of payment you recieve under the table.

Gone fishing

[BillyVance 35]

I have just about all of mine, going back to the early 90's. However, the IRS generally suggest that you only keep the last 7 years of tax returns, and then dispose of anything older via shredder or fire.

My parents... good god man, my brother and I were cleaning their basement last year, and I found boxes of financial records going back more than 40 years! Kept every damn thing...

The only way we are getting rid of that shit is when they croak.

"Mediocre people don't like high achievers, and high achievers don't like mediocre people." - SIX TIME National Champion coach Nick Saban

[freeflir29 0]

I never really made enough money to care until about 3 years ago. When I made 50K or less I figured I had a better chance of winning the lotto than being audited. Now..........I would be an idiot to NOT keep copies, supporting documents, and have my accountant on speed dial. Working overseas is a TAX HEADACHE!

[Rookie120 0]

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Hi, I'm the IRS man an I'm here to help you, can you explain what kind of payment you recieve under the table.

I plead the 5th!

If you find yourself in a fair fight, your tactics suck!

[ladyskydiver 0]

I think I've got 10 years worth or so. Need to go and shred some of them. Figure 7 years worth of them is good enough since that's all the IRS says to keep.

Life is short! Break the rules! Forgive quickly! Kiss slowly! Love truly, Laugh uncontrollably. And never regret anything that made you smile.

[headoverheels 334]

All of them (about 35), except last year's, which has not yet been completed. A decade ago I started to throw out the first 10 years, but those are so thin that storing them takes no space at all. After purging instructions and such from the older years, it all fits a one file drawer.

[jumpinfarmer 0]

I know I can win the award hands down. They are in a big old chest freezer that quit working down in my basement. It is sort of neat to be able to go look up what they paid for something back in 1946 or to be able to find a receipt for a tractor that was bought in the 1950's

[JENNR8R 0]

It must be very organized. So... what did a tractor cost in the 1950s? And to put it in perspective, what would it cost today?

What do you call a beautiful, sunny day that comes after two cloudy, rainy
ones? -- Monday.