The sign-in process is undergoing maintenance and has been temporarily disabled during this time. You may continue to use the site, but your test scores and course progress will not be saved at this time.

Taxes - Head Matters


9. Keeping Good Records

Use the list below to remind yourself what to keep and what you can discard.

Safe deposit box 

  • Birth certificates
  • Citizenship papers
  • Marriage certificates
  • Adoption papers
  • Divorce decrees
  • Wills
  • Death certificates
  • Deeds
  • Titles to automobiles
  • Household inventory
  • Veteran's papers
  • Bonds and stock certificates
  • Important contracts

Active File

  • Tax receipts
  • Unpaid bills
  • Paid bill receipts
  • Current bank statements
  • Current cancelled checks
  • Income tax working papers
  • Employment records
  • Health benefit information
  • Credit card information
  • Insurance policies
  • Copies of wills
  • Family health records
  • Appliance manuals and warranties
  • Receipts of items under warranty
  • Education information
  • Inventory of safe deposit box (and key)
  • Loan statements
  • Loan payment books
  • Receipts of expensive items not yet paid for

Dead Storage
All Active File Papers Over Three Years Old
Items to Discard

  • Salary statements (after checking on W-2 Form)
  • Cancelled checks for cash or non-deductible expenses
  • Expired warranties
  • Coupons after expiration date
  • Other records no longer needed 

Destroy all personal documents
It’s best to destroy all personal and financial documents with a shredder or at least by ripping them into small pieces. If this information falls into the wrong hands, you could be a victim of identity theft. Remember, most paper documents can be recycled.

Current Course:

Adobe Flash Player Required

Get Adobe Flash player
Sign In to track your progress.

my toolbox

my toolbox


Please sign in

In order to save a page/activity in either your toolbox or favorites you must first be logged in.