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Reply to "How long to keep receipts for tax purposes? "
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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]7 years [/quote] Why 7 specifically? [/quote] You can be audited for up to 7 years after you file; you need to have the paperwork to back up your return. After 7 years, the only reason they could audit you is if they suspected deliberate fraud.[/quote] IRS Audit period is 3 from date you file taxes. Where are you getting 7?[/quote]
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