- If you owe additional tax and situations (2), (3), and (4), below, do not apply to you; keep records for 3 years.
- If you do not report income that you should report, and it is more than 25% of the gross income shown on your return; keep records for 6 years.
- If you file a fraudulent return; keep records indefinitely.
- If you do not file a return; keep records indefinitely.
- If you file a claim for credit or refund after you file your return; keep records for 3 years from the date you filed your original return or 2 years from the date you paid the tax, whichever is later.
- If you file a claim for a loss from worthless securities or bad debt deduction; keep records for 7 years.
- Keep all employment tax records for at least 4 years after the date that the tax becomes due or is paid, whichever is later.
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