: Some states have longer retention requirements than the federal government.
Do you have any or credits from that year that you are still utilizing? taxes2016.7z
: Likely includes PDF returns, W-2s, 1099s, and supporting spreadsheets. : Some states have longer retention requirements than
: The IRS can audit up to 6 years back if you underreported income by more than 25%. use a cross-cut shredder for disposal.
: If you sold assets (like a home or stocks) in 2016, you need these records to prove the purchase price.
: Keep sensitive archives on an encrypted external drive rather than unencrypted cloud folders.
: If you print documents from this archive, use a cross-cut shredder for disposal.