2. Keep records for three years from the date you filed your original return or two years from the date you paid the tax, whichever is later, if you file a claim for credit or refund after you file your return.
3. Keep records for seven years if you file a claim for a loss from worthless securities or bad debt deduction.
4. Keep records for six years if you do not report income that you should report, and it is more than 25 percent of the gross income shown on your return.
5. Keep records indefinitely if you do not file a return.
6. Keep records indefinitely if you file a fraudulent return.
7. Keep employment tax records for at least four years after the date that the tax becomes due or is paid, whichever is later.
ANSWER: While Cristina Frank and Tracy Sabol both work as news anchors for WMTW Channel 8, Frank on the morning newscast and Sabol in the evenings, they are not relatives. Perhaps the news team at WMTW is just so tight-knit that they seem like a family.
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