Lynwood, California - Basic Facts. The City of Lynwood had a population of 72,011 as of July 1, 2016. Lynwood ranks in the upper quartile for Population Density and Diversity Index when compared to the other cities, towns and Census Designated Places (CDPs) in California.
Scanning the information gives you an electronic backup of the paper indefinitely. Keep returns and all supporting documentation at least seven years. The IRS can audit your return for up to three years from your filing date, a limit applying only to good-faith errors.
If the IRS hasn't raised any issues about your 2005 tax return by now, it is safe to shred it. Last, you should keep any tax return that includes a claim for deducting worthless securities for seven years. If you've lost or discarded a tax return and later need a copy, don't worry. Copies of tax returns, all attachments and W-2 forms are generally available for seven years from the IRS and can be obtained by filing Form 4506, Request for Copy or Transcript of Tax Form.