Abby Normal Posted March 23, 2018 Report Share Posted March 23, 2018 Maybe it's just the tax season giggles kicking in, but I laughed out loud at some of these: Period of Limitations that apply to income tax returns Keep records for 3 years if situations (4), (5), and (6) below do not apply to you. 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. Keep records for 6 years if you do not report income that you should report, and it is more than 25% of the gross income shown on your return. Keep records indefinitely if you do not file a return. Keep records indefinitely if you file a fraudulent return. Keep employment tax records for at least 4 years after the date that the tax becomes due or is paid, whichever is later. 2 5 Quote Link to comment Share on other sites More sharing options...
RitaB Posted March 23, 2018 Report Share Posted March 23, 2018 In TN #6 reads, "Keep records for six years if you're lower than a snake's belly, you cheater." 3 2 Quote Link to comment Share on other sites More sharing options...
RitaB Posted March 23, 2018 Report Share Posted March 23, 2018 6 minutes ago, RitaB said: In TN #6 reads, "Keep records for six years if you're lower than a snake's belly, you cheater." * yer 3 3 Quote Link to comment Share on other sites More sharing options...
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