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Glenda Moehlenpah


Financial Bridges

14334 Gaelyn Ct, Poway, CA 92064


Phone:  858-486-0100


Email: glenda@financialbridges.com

Website:

March/April 2019

How Long to Retain Documents

Organizing your financial records can help you find what you need this tax season. Begin by understanding how long you need to keep the following records, courtesy of the IRS:


3 YEARS
Minimum timeframe for most records provided you have reported all your income
4 YEARS
Employment tax records
6 YEARS
If you under-reported your income by at least 25%
7 YEARS
Claims for worthless securities or bad debt
INDEFINITELY
Documentation for years when you didn't file a tax return or filed a fraudulent one


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