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IRS reduces estate tax return retention period

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Tax Hot Topics newsletter The IRS recently announced changes to its estate tax, and related gift tax, return retention period. Due to the volume of these documents, storage costs, and the rarity of requests for these paper returns, the IRS is reducing the retention period from 75 years to 40 years. The IRS also announced it will destroy estate tax and related gift tax returns that are older than 40 years.

Because of these changes, taxpayers may want to request older estate returns—including attachments—before these documents are destroyed. Related attachments may include appraisals, gift tax returns and other required documents. The deadline to request returns older than 40 years is Feb. 11, 2022.

To request an older estate tax return, a taxpayer must have authorization to receive tax information of a decedent or their estate. Form 4506, Request for Copy of Tax Return should be used to request an estate tax return. There is also a fee for each return requested.

In addition, taxpayers should submit the following with any request:

  • The decedent’s complete name, address and Social Security Number
  • A copy of the death certificate, and either:

Contact:
Brad Roe
Managing Director
Houston Office
T +1 832 476 5080

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