Personal Finance and Investing

question everything

(50,053 posts) Fri Sep 25, 2020, 12:51 PM Sep 2020

Shredding? [View all]

I shred every single piece of paper with an active account number on it. Yes, even the credit card receipts with the last four digits of the credit card. And, yes, all our statements are on paper.

As we are going through old files, I found the ones from when we were self employed with bank and credit card statements associated with the business. These accounts have been closed since 2015 so I wonder whether I can get away with just tearing them and throwing to the trash.

Last month my city had a "shredding day" probably with one of these giant machines and invited residents to shred their papers. Wish I thought about it then.

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Shredding? [View all] question everything Sep 2020 OP

You might want to hang on to those for a couple more years. PoindexterOglethorpe Sep 2020 #1

Thanks. So I can get rid of pre-2013 papers? question everything Sep 2020 #2

Yes. 3Hotdogs Sep 2020 #3

You have to keep anything that documents the basis of your capital gains assets for progree Sep 2020 #5

Another example of something I had to keep going way way back - non-deductible IRA contributions progree Sep 2020 #7

I pretty much keep all the tax returns - the forms, not supporting documentd - from the 80s.. question everything Sep 2020 #10

Yup, that should be good enough for something like this (non-deduct contribs), but unfortunately progree Sep 2020 #11

Shred everything or anything Wellstone ruled Sep 2020 #4

Thanks, yes. Every credit card or cash offering with a special ID goes to the shredder question everything Sep 2020 #6

Did a part time job in a Wellstone ruled Sep 2020 #8

"referral for more services?" what kind? question everything Sep 2020 #9

Here you go. Wellstone ruled Sep 2020 #12