How Long To Keep Your Parents’ Tax And Financial Records–And Your Own

MoneyTaxesEditors' PickHow Long To Keep Your Parents’ Tax And Financial Records–And Your OwnIllustration by C.J. Burton for ForbesByKelly Phillips Erb,Senior Writer. Kelly Phillips Erb is a Forbes senior writer who covers tax.Follow AuthorMay 21, 2026, 07:30am EDTA handy guide to what receipts, documents and tax forms must be saved, and for how long, to satisfy the IRS. Plus, tips for organizing, storing, scanning and shredding all that paper.@font-face{font-family: "Highlander"; src: url("https://i.forbesimg.com/assets/fonts/highlander/highlander-bold.woff2") format("woff2"); font-weight: 700; font-style: normal;} @font-face{font-family: "Merriweather"; src: url("https://i.forbesimg.com/assets/fonts/merriweather/merriweather-bold-webfont.woff2") format("woff2"), url("https://i.forbesimg.com/assets/fonts/merriweather/merriweather-bold-webfont.woff") format("woff"); font-weight: 700; font-style: normal;} @font-face{font-family: "Graphik"; src: url("https://i.forbesimg.com/assets/fonts/graphik/graphik-bold.woff2") format("woff2"), url("https://i.forbesimg.com/assets/fonts/graphik/graphik-bold.woff") format("woff"); font-weight: 700; font-style: normal;} @font-face{font-family: "Highlander"; src: url("https://i.forbesimg.com/assets/fonts/highlander/highlander-regular.woff2") format("woff2"); font-weight: 400; font-style: normal;} @font-face{font-family: "Merriweather"; src: url("https://i.forbesimg.com/assets/fonts/merriweather/merriweather-regular-webfont.woff2") format("woff2"), url("https://i.forbesimg.com/assets/fonts/merriweather/merriweather-regular-webfont.woff") format("woff"); font-weight: 400; font-style: normal;} @font-face{font-family: "Graphik"; src: url("https://i.forbesimg.com/assets/fonts/graphik/graphik-regular.woff2") format("woff2"), url("https://i.forbesimg.com/assets/fonts/graphik/graphik-regular.woff") format("woff"); font-weight: 400; font-style: normal;} #article-num-0 .color-accent{color: #333;} #article-num-0 .bg-accent{background-color:...