Corona Police Department Interim Police Chief Michael E. Abel 730 Corporation Yard Way Corona, California 92880 (951)736-2330 Visit Department's Homepage County: Riverside
My rule: Keep records and tax returns for years that include atypical transactions (sales or donations of property) and irregular income (stock option exercises, trust income, etc.) for six years after the filing date of the return. Keep a 2005 tax return that includes reporting of irregular items until April 2012.
Tax Records. 1  Tax Returns (Federal and State) â Keep copies of your tax returns and all supporting records until the time that the IRS can examine your return has expired. 2  Generally speaking, that falls between 3 and 7 years from the date you filed, depending on your return. Generally speaking, that falls between 3 and 7 years from the date you filed, depending on your return. 2  So keep them for 7 years, and then it is safe to shred the supporting documents. 3  Remember, the IRS measures time from the date you filed the return, not any other date.