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How Long Should I Keep Tax Documents?

Posted on 02/6/2013 by |Online Executive Producer | Comments

Money & SavingsThe following is a guest post by Jim Young. Ever wonder how long you really need to hold on to your tax documents? Depending on which expert you ask, you might get a range of responses ranging from a few years to a lifetime. See also: Find an AARP Foundation Tax-Aide location near you. IRS Publication 552 gives you a direct answer and says that you are required to keep records as long as they may be needed for the …