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2249: How Long Should You Keep Your Financial Statements? by Jeff Rose

Optimal Finance Daily - Financial Independence and Money Advice

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How to Keep Your Income Tax Returns Forever

The period of limitations is the time in which you can amend your tax return to claim a credit or refund. Returns filed before the due date are treated as filed on the due date. The standard IRS audit typically goes back three years, but it's advisable to keep your returns forever.

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