I have been organizing my old files, and I have found out that I have a huge stack of tax documents going back several years. I do not know what documents can be safely thrown away and which ones I need to keep in my possession forever. Do you have some tax-related documents (such as returns, W-2s, 1099s, or property-related documents) that you should never dispose of? Moreover, what is the average period of time in years that supporting documents, such as receipts, deductions, or investment statements, are advised to be retained?
Which tax documents should you never throw away?
- Thread starter devinluke
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