Tax documents Keep tax returns, as well as supporting documents like W-2 forms, receipts, and real estate closing statements for seven years. The IRS may audit you within three years if it suspects good-faith errors; six years if it believes you underreported your income by at least 25%; and unlimited time if you did not file a return or filed a fraudulent one. Investment records Keep as long as you own the securities, plus another seven years [Rich]. You'll need them to prove capital gains and losses. Bank statements One month. You just need these long enough to check the accuracy of the transactions [Williams]. Unless the statement is your only record for a tax-related transaction, there's no need to keep them longer.
Each traveler can bring on board one carry-on bag plus one personal item free of charge: Carry-on bag: The maximum dimensions for a carry-on bag are 9 inches x 14 inches x 22 inches (22 cm x 35 cm x 56 cm), including handles and wheels.
Transport Canada allow passengers to carry two unchecked items like carry-on luggage, knapsacks, camera bags and some garment bags. Air Canada states a personal item can measure up to 16 cm by 33 cm by 43 cm, and a standard item like a suitcase can measure up to 23 cm by 40 cm by 55 cm, including wheels and handles. Some frustrated travellers at Pearson airport were irate with the new baggage fee, calling it a âcash grab.â.