IRS Record Keeping
How Long Should You Keep Your IRS Tax Records?
Wednesday, July 2nd, 2008
Generally speaking that would be three years from the date the filing was due OR two years from the date the tax payment was in fact tendered to the IRS—whichever is later. For all reasonable purposes this is the period in which the IRS may question your past tax return(s).
NEWS FLASH!!! But, you need to be aware that there is no statute of limitations where the IRS has reason to believe that the return was fraudulent OR where you failed to file a return.