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    How long do I have to keep Income Tax records---bank records--and utility bills ?

    0  Views: 352 Answers: 3 Posted: 13 years ago

    3 Answers

    What I do.

    Utility bills, only until the next one comes in showing credit of past payment.

    Bank records only for the past month. I do online banking so everything is recorded right there. Before on line banking, I kept my records for 6 months.

    Taxes, 7 years.
    I keep all my records for 7 years.
    Colleen

    Moderator
    Including utility bills? You much have a mountain after 7 years!
    schubee

    Oh no, not utility bills. I only keep them for a year.
    3 Years for your tax papers


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