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It is my understanding that the IRS will not question your return once three years have gone by since the date of filing, unless there is evidence of fraud or some other malfeasance.

This three-year limit does not reassure me at all. I still keep all my records 7 years. Because, while I have never attempted to defraud anyone, much less 350 million of my fellow-citizens, who knows what some examiner might think? 6.5 years after I file a return, he suspects fraud, and opens a proceeding against me. My defense that I thought I committed no fraud, and destroyed my older records will not help me refer to them in preparing my audit, my defense, etc. Or so it seems to me.

I still wish I could UPS all my records over three years old to the IRS and they could store them instead of making me do it.

Suffering from a bulging file cabinet since 1938.
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