Then 1024 kilobytes make up one megabyte. 1024 megabytes make up one gigabyte, and 1024 gigabytes make up one terabyte. A JPG file used to store a photo would be a few megabytes. The capacity of a DVD is a couple of gigabytes and an HD video can have a file size of few gigabytes.egabyte vs Gigabyte vs Terabyte. Difference between megabyte gigabyte and terabyte is a basic computer knowledge. Bit is the most basic and smallest storage unit in computing. A bit can store only whether it is 1 or 0.
Things to toss after seven years (or when you know you wonât need them any longer for taxes): 1  Child-care records. 2  Flexible-spending account documentation. 3  401(k) and retirement plan year-end statements.  IRA 1  contributions. Purchase records for investments.  Records of charitable 1  donations. Records on houses youâve  sold.
The IRS says you must keep your records as long as they may be needed to prove the income or deductions on a tax return. For example, determining gain or loss on a sale or disposal of an asset, you will need to substantiate the cost, so records and receipts related to that asset must be kept as long as asset is still in service and then add 3 years. The IRS says the length of time to retain business documents varies depending on how honest and how accurate your tax returns have been. If you file a fraudulent return, you must keep records indefinitely..