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When it comes to paperwork, are you a shredding maniac? A self-admitted hoarder? Something in between? Tax season is an ideal time to examine your habits and test your knowledge of which important papers you should keep, and for how long.

  • ATM RECIPTS

    (A)Throw out immediately

    (B)One day

    (C)One month

    (D)Forever

  • CREDIT CARD RECEIPTS

    (A)One month

    (B)As long as the product warranty is valid

    (C)As long as you own the item

    (D)All of the above

  • PAYCHECK STUBS

    (A)One week

    (B)One month

    (C)One year

    (D)Ten years

  • PENSION/RETIREMENT PLAN ANNUAL STATEMENTS

    (A)Three months

    (B)One year

    (C)Three years

    (D)As long as you hold the account

  • TAX RETURNS AND SUPPORTING DOCUMENTS (W-2s, 1099-S, RECEIPTS/RECORDS FOR DEDUCTIONS, ETC.)

    (A)Three years

    (B)Six years

    (C)Seven years

    (D)Forever

  • WHICH OF THESE SHOULD YOU KEEP FOREVER?

    (A)Marriage certificate

    (B)Birth certificate

    (C)Military discharge papers

    (D)All of the above

 

 

 

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