RVing message boards > Fulltiming
Fulltiming and tax records
Tom:
I got mine via another forum member. As one uses the account more, they automatically give you freebies to hand out. Please, let's not analyze this one to death ::)
Smoky:
LOL. Ok Tom. Email on the way.
Ned:
Tom,
You only need the email address of the person desiring to open a Gmail account. The user name and password are chosen when the account is opened.
Gmail is no longer in beta and everyone gets 50 invites to give out as they wish.
Tom:
--- Quote from: Ned on May 05, 2005, 01:25:38 PM ---You only need the email address of the person desiring to open a Gmail account.
--- End quote ---
I eventually figured that out. But their preview screen still asks for first/last names. I sent one without previewing it (email address only) and it arrived OK. Confusion abounds.
blueblood:
--- Quote from: Smoky on April 27, 2005, 08:22:14 AM ---I have each year of my tax records stored in one of those plastic file boxes for hanging folders. We certainly will not have room to carry them all, especially with the ironing board on hand.
I'd like to hear from some of the full-timers how you handle and store all the paperwork and record keeping that goes with taxes.
--- End quote ---
A couple of things to consider. Since 1/1/98 it is no longer necessary to maintain paper records. The IRS accepts what they call "machine sensible" records. There are some requirements like you not only have to have the data on a media of some sort but must have the program to use them. For example, if I have a 2003 data file for Quicken, I must have access to the 1993 tax program that created it so they can access to use for reviewing. Other normal requirements have to do with providing audit trail,etc. The other thing is that records don't have to be stored more than three years after the year of filing (unless you did something fradulent) or it's some sort of investment data that requires longer record keeping. I have been able to reduce my space considerably using these two parameters.
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