Do you need to keep old divorce papers?

Do you need to keep old divorce papers?

You should keep copies of all your divorce-related financial paperwork for tax purposes and if you’re paying or receiving child or spousal support. The court may need to see the financial documentation from the divorce to determine whether circumstances warrant a change in the support order.

How many years should I keep?

Keep records for 3 years from the date you filed your original return or 2 years from the date you paid the tax, whichever is later, if you file a claim for credit or refund after you file your return. Keep records for 7 years if you file a claim for a loss from worthless securities or bad debt deduction.

Can I throw away old mortgage papers?

A: So long as you are absolutely sure that the two earlier mortgages have been paid in full and appropriate releases recorded among the land records where your property is located, you can toss those old loan documents. This document shows what the property cost, what your closing costs were, and any other costs.