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.
Generally, the IRS suggest that taxpayers keep records for three years from the date the taxpayer filed his return or two years from the date the taxpayer paid his tax, whichever is later. If a taxpayer filed a fraudulent return, records should be kept indefinitely.