Keep Paperwork Long After You File

The Organizing Blog urges you to do a little bit of #decluttering every day, except when it comes to financial documents. The IRS asks that you keep tax returns and supporting documentation for three years after you file, meaning you should still have all of your 2015 paperwork on file today. If there was a year in which you weren’t required to file, document the circumstances and keep the proof indefinitely. Other “forever” paperwork includes loan documents and payoff confirmations; divorce, child support and alimony papers; and birth certificates, Social Security cards and military discharge papers.

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