How long do I keep medical bill receipts?
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Have a GREAT day! asked:
I paid off a few medical bills and I was just wondering if it was ok to shred the receipts or if I should keep it for a certain amount of time. Thanks!
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I paid off a few medical bills and I was just wondering if it was ok to shred the receipts or if I should keep it for a certain amount of time. Thanks!
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August 19th, 2010 at 7:40 pm
if you paid with credit card that history will work or your check stub. i keep mine for a year.
August 21st, 2010 at 3:27 pm
For as long as you keep your income tax return records. Just in case of an audit.
August 22nd, 2010 at 8:00 pm
If you dont use them to itemize your taxes, they can be disposed of at the end of the year.
Any year you are able to itemize and use those receipts, you need to keep them with that year’s tax return for a period of 7 years ( the farthest back an audit can go is 7 yrs on a personal return)…..
August 25th, 2010 at 8:55 pm
Keep these five years from the date of the service rendered.