How Long Should I Keep Cancelled Checks?

Answer

It really is up to you to decide on how long you should keep your cancelled checks. But to be on the safe side, it is best to keep your checks for seven years.
Q&A Related to "How Long Should I Keep Cancelled Checks"
Canceled checks are still used by the Internal Revenue Service as proof of payment. Taxpayers wishing to claim deductions must prove payment was made and that the payment was for
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The IRS has up to 7 years to audit you. Keep em for 7 years and shred.
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1. Bring out a copy of the check in your check records, whether that be in the form of your checkbook register, any duplicate copies, or e-copies online. Ad. 2. Contact the bank the
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Seek out people who are better than you are, and cultivate an appreciation of what they do. Embed Quote
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