Just a quick question: How long should I keep personal injury paperwork after a settlement?
Disclaimer: Our response is not formal legal advice and does not create an attorney-client relationship. It is generic legal information based on the very limited information provided. Do not rely upon the information in our response, or anywhere else on this site, when deciding the proper course of a legal matter. Always get a personalized case review from a local attorney.
This is technically a tax question. Your personal injury award, though un-taxed, may need to be claimed on your tax return. As a general rule, you want to keep tax documents for seven years after filing the return if, for some reason, you need to recall that information.
While it is probably only necessary to keep the documents for 2 years, I would err on the side of caution and keep it longer. You just never know when you will need to refer to those documents and it’s better to have them then to put them through the shredder.
Learn more here: Other Case Types
The above is general information. Laws change frequently, and across jurisdictions. You should get a personalized case evaluation from a licensed attorney. Find a local attorney to give you a free case review here , or call (888) 647-2490.
Best of luck with your claim.
How Much is Your Injury Claim Worth?
Find out now with a FREE case review from an attorney…