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 Can you pl advise me about investment with tax saving?
i understand investment in mutual funds results in better and safe returns and tax shield also. can u pl enlighten more on this....


 If two people are married and only one works, they have children- would it profit them more to file their?
taxes as married or for one parent to file head of household and carry all the children. They are eligible for a refund....


 Should there be a flat tax tax on income,so everybody pays based off what they make.?
...


 I did not file taxes last year. can i still get my check?
...


 Stimulus Payments?
I got a letter from the IRS telling me what amount I qualified for and a bunch of information regarding the payment. It also said a date in which I should receive it by... Are other people getting ...


 Do I get a tax return if my mother claims me on her taxes?
I just got a job at Target, and I put down that my mother claims me on her taxes. I'm 18, but I'm still in school. At least I will be in April. Do I still get a tax check or what? I'm ...


 Can I file taxes and not include my husband's income?
My husband's income was not enough that he is actually required to file a tax return. Can I file jointly and just not include his income?...


 What should i do if i have not filled my taxes in two years?
...


 Can a 17 year old work from home in the UK?
...


 How much taxes does a 401 K take out?
I recently got hired by a company that has a 401k. However, I didn't sign up for it yet because I don't know how much taxes (federal) they are going to take out. My hourly rate of pay is $14...


 If i owe the IRS and my check is being garnish will they take my tax return still?
...


 Why should people date if they dont like each other or love?
...


 How do I stop my ex husband from claiming one of the kids on his taxes?
My ex husband can claim 1 of the girls on his income taxes as long as he is compliant with the court order of visitation and child support. He is not compliant and is also now being investigated for ...


 What will you do with your upcoming tax refund?
I can't wait to get my w2's so I can file my fed and state tax returns. Like everyone else I'm in need of money and getting my refund back will help my pocket book right now. So it'...


 Tax ? do people get there w 2forms any day of the week including Sat? or is it on ?
certain days?...


 If i only made less then 2000 dollars at one job do i have to claim it on my taxes?
...


 Can I file my 2008 taxes if 05,06,and 07 are not filed?
I had a really hard time collecting W2's for those years I was moving so much. But i've had one steady job all year now and I want to get those filed right away....


 If H&R Block does your taxes...?
The fee was $166 for them to do our taxes, and I heard from two people that you get reimbursed. I didn't think so, but is this true??...


 What is IRS Form 4506 and where can I find it?
One of the things I have to do to get a house is for my husband and I to sign IRS Form 4506 from 2006 and 2007. What is this and how do we get it?...


 If you receive a large amount of money, will you still be taxed if you give it away?
If you receive a large sum amount and decided to give it away to a family member/wife/husband/close relative, will you still be taxed for having received that amount?
Additional Details
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Melanie L
How long should you keep the paperwork for your taxes?
                     
 




wannabeoutside
Rating
Seven years is what the IRS recommends


LEHI
Rating
3 years


misspink0107
Rating
15 yrs. - forever...


TotalRecipeHound
Rating
They say 3 years. I suggest 10, however. Forever if you have claims for deferred taxes such as IRAs or early payment of taxes (savings bonds).


1gorgeousbabe
3 years :D


debby b
Rating
five years to be safe


wachirasa
Rating
I have never thrown any away before. my brother was audited by the state and they went back like 15 years


bostonianinmo
3 years is the absolute minimum. However many records and tax returns have a MUCH longer holding period.

Anything related to property that you still own -- home, stocks and bonds, etc -- needs to be kept as long as you own the property plus at least 3 years.

Any records related to capital losses that are carried forward must be kept until the loss is used up, plus 3 years. Ditto for passive activity loss carryforwards, net operating loss carryforwards, startup cost amortization records, charitable donation carryforwards, etc.

Gift tax returns must be kept forever. The executor of your estate will need them after you die.


jayray33usa6679
Forever... No really I keep 10 years.


Edward
Forever. Ron Paul might get elected one day and he may provide rebates on all the income taxes you paid.


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