For how many years must the ER's copy of Form 940 be retained?
Suggested Answer: C
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26 comments · newest first
JU
Julio
1 month ago
I agree with Roxanne. 4 years is the standard for many forms.
WI
Wilson
1 month ago
I remember learning it's 3 years. That sounds right.
SA
Salome
2 months ago
I feel like it should be 5 years. Better safe than sorry.
RO
Roxanne
2 months ago
I think it's 4 years. Seems reasonable.
NI
Nidia
2 months ago
I believe it’s 2 years. Shorter retention is easier.
SH
Sheron
2 months ago
I’m leaning towards 5 years. Better safe than sorry!
CA
Casie
2 months ago
I feel like it's 3 years. That’s what I remember.
FR
Francoise
2 months ago
I think it's 4 years. Seems reasonable.
MA
Martina
3 months ago
I’m leaning towards 2 years. It feels too short, but who knows?
SH
Shawn
3 months ago
I remember learning 3 years in class. Not sure though.
JA
Jackie
3 months ago
I feel like it should be 5 years. Better safe than sorry.
DO
Doretha
3 months ago
I think it's 4 years. Seems reasonable.
MA
Marilynn
3 months ago
Nope, just 4 years!
CR
Craig
4 months ago
Wait, really? I thought it was longer!
AR
Artie
5 months ago
Definitely 4 years, that's the standard.
ER
Erick
5 months ago
I thought it was 3 years.
RE
Remona
5 months ago
It's 4 years, right?
BE
Bette
6 months ago
Form 940 needs to be kept for 4 years.
HA
Haley
6 months ago
Wait, are you sure it's not 5 years?
JO
Joanne
6 months ago
Definitely 4 years, that's the rule.
GA
Galen
6 months ago
I thought it was 3 years!
MI
Michael
6 months ago
It's 4 years, right?
ST
Stephen
6 months ago
I have a vague memory of 4 years being the standard for many tax forms, so I might go with option C.
PE
Peter
7 months ago
I practiced a similar question about record retention, and I think it was 2 years for some forms, but I can't recall if that applies here.
FL
Fletcher
7 months ago
I remember something about retaining tax forms for a minimum of 3 years, but I feel like 5 years might be the right answer for Form 940.
JO
Josue
7 months ago
I think Form 940 needs to be kept for 4 years, but I'm not entirely sure.