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    Docs to retain

    As efile preparer I know I am required to keep certain docs (W2s etc..), but what documents am I required to keep for paper filers?
    Last edited by rgtaxservice; 01-14-2011, 02:31 PM. Reason: typo

    #2
    Originally posted by rgtaxservice View Post
    As efile preparer I know I am required to keep certain docs (W2s etc..), but what documents am I required to keep for paper filers?
    The same would apply for paper returns.......................
    This post is for discussion purposes only and should be verified with other sources before actual use.

    Many times I post additional info on the post, Click on "message board" for updated content.

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      #3
      Originally posted by BOB W View Post
      The same would apply for paper returns.......................
      Has it always been a requirement? I've never come across it before. Is it cited in 230 or 470?

      - Rick

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        #4
        I have always done it that way since 1975. It just made common sense to me. I was required to keep copies of tax returns so why wouldn't I include W-2s and 1099s with withholding.
        This post is for discussion purposes only and should be verified with other sources before actual use.

        Many times I post additional info on the post, Click on "message board" for updated content.

        Comment


          #5
          don't think its a requirement

          Originally posted by rgtaxservice View Post
          Has it always been a requirement? I've never come across it before. Is it cited in 230 or 470?

          - Rick
          I am pretty sure its not a requirement when doing a paper return. Not a bad idea, just not a requirement.

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            #6
            Originally posted by Jack the Tax Lady View Post
            I am pretty sure its not a requirement when doing a paper return. Not a bad idea, just not a requirement.
            The IRS requires a list of returns prepared but states may require a lot more.

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              #7
              The states may also require a different retention period than the IRS.

              I would think a clear scan of the W-2, W-2G, 1099-R, etc would be sufficient.

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