Wow, I've been keeping 7 years' worth of tax returns. (Mind you, I don't itemize.)
Sometimes a thing gets broke, can't be fixed.
Kaylee ,'Out Of Gas'
Natter 64: Yes, we still need you
Off-topic discussion. Wanna talk about corsets, duct tape, or physics? This is the place. Detailed discussion of any current-season TV must be whitefonted.
Matt the Bruins fan - Sep 16, 2009 11:14:24 am PDT #9162 of 30001
"I remember when they eventually introduced that drug kingpin who murdered people and smuggled drugs inside snakes and I was like 'Finally. A normal person.'” —RahvinDragand
Jesse - Sep 16, 2009 11:14:47 am PDT #9163 of 30001
Sometimes I trip on how happy we could be.
Awesome. I'm going to shred some bank statements right now!
Glamcookie - Sep 16, 2009 11:19:00 am PDT #9164 of 30001
I know my own heart and understand my fellow man. But I am made unlike anyone I have ever met. I dare to say I am like no one in the whole world. - Anne Lister
Since bank statements and bills are all digitized and available online now, is there really any need to keep them at all? You can get them if you need them, right? RIGHT???!!!
Signed,
Ms. dumps all that shit almost immediately
shrift - Sep 16, 2009 11:20:06 am PDT #9165 of 30001
"You can't put a price on the joy of not giving a shit." -Zenkitty
In order to get my current job, I had to produce tax returns from about 7 years ago. I am just saying.
Jesse - Sep 16, 2009 11:20:09 am PDT #9166 of 30001
Sometimes I trip on how happy we could be.
Yeah, I don't get them in paper format at all anymore. (Bank statements, I mean.)
Dana - Sep 16, 2009 11:20:41 am PDT #9167 of 30001
I'm terrifically busy with my ennui.
I'm pretty sure the IRS recommends 7 years for stuff like tax returns. I am far too paranoid to get rid of any tax returns. Or bills, really. We have too much paper.
tommyrot - Sep 16, 2009 11:21:03 am PDT #9168 of 30001
Sir, it's not an offence to let your cat eat your bacon. Okay? And we don't arrest cats, I'm very sorry.
McSweeney's is doing a whole series of article on bedbugs. Here is the first: [link]
Dana - Sep 16, 2009 11:21:48 am PDT #9169 of 30001
I'm terrifically busy with my ennui.
shrift - Sep 16, 2009 11:35:08 am PDT #9170 of 30001
"You can't put a price on the joy of not giving a shit." -Zenkitty
Now that I know I may need it, I hang onto anything related to taxes, investments, insurance, and employment (including pay stubs). I keep bank/credit card statements and bills for a while, and hang onto my HSA-related receipts for at least a year or two.
But even so, I've got a lot of shit I should shred.
Ginger - Sep 16, 2009 11:39:29 am PDT #9171 of 30001
"It didn't taste good. It tasted soooo horrible. It tasted like....a vodka martini." - Matilda
Clark Howard says toss things like utility bills within a few months, but to keep anything tax related forever. You will note that there is no limit on not filing a return or filing a fradulent return, so if the IRS decides 20 years from now you've filed something the IRS thinks is fradulent, you'll need the records. The IRS has also been known to notice 10 years later that you didn't file a return, and it's up to you to prove you did.
He also emphasizes keeping your most recent pay stub, as insurance against your company disappearing and leaving you without W-2 information and keeping anything that shows you paid off something major forever.