What is the retention period for federal records, and the Ohio-specific requirement?

• A. 2 Years Federally; 3 Years in Ohio
• B. 3 Years Federally; 2 Years in Ohio
• C. 1 Year Federally; 2 Years in Ohio
• D. 5 Years Federally; 3 Years in Ohio

Answer: (A)

Retention periods for records are determined by the applicable schedules at both the federal level and the state level. For this category, federal guidelines require keeping records for two years, while Ohio law specifies a longer retention of three years. That combination—two years federally and three years in Ohio—fits how these rules apply in practice. The other options mix values that don’t match the federal standard or the Ohio requirement, so they aren’t correct.