Federal Tax Return
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Last Modified
on
Jun 02, 2025
Keeping your Federal tax return after being prepared can be complicated. The rule is a minimum of three years. However if you deal in stocks and bonds or Real Estate or Business you should keep them for basis purposes.
If you are in a dispute with the IRS you should keep your return until the audit or dispute is over. If you are in a dispute other than with the IRS you should keep your returns as far back as needed (possibly since inception). If you are going through a divorce I would not shred them, as often your returns are going to be used in the divorce proceedings.
About the author:
Ken R. Ashworth
Founding Attorney of Ken R. Ashworth & Associates
Ken R. Ashworth is the Founding Attorney of Ashworth Law in Henderson, Nevada. He focuses his practice on asset protection, business litigation, estate planning, and tax litigation. Ashworth has practiced law since 1992 and is admitted to the State Bar of Nevada. He earned his J.D. from Pepperdine University School of Law in Malibu, California, in 1990. His work includes advising clients on legal matters involving businesses, estates, asset protection, and tax disputes.
