Taxpayers Should Keep All Supporting Documentation (Credit Card Statements, Etc

question 52

True/False

Taxpayers should keep all supporting documentation (credit card statements, etc.) for a tax return for at least three years after the return is filed.

---

Definitions:

Full-Time Position

Employment status where an individual works a minimum number of hours defined by their employer, typically around 40 hours per week.

Self-Determination

The process by which a person controls their own life, making choices and decisions based on their own preferences and interests without undue external influence.

Autonomy

The capacity to make decisions independently and the freedom to act according to one's own will without undue influence or coercion.

Decision-Making

The process of making choices by identifying a decision, gathering information, and assessing alternative resolutions.