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How long do you need to hang on to "important papers?"

post #1 of 2
Thread Starter 
I'm going through the filing cabinet. I can't remember how long to keep things like tax forms, paid bills, etc. I know I've seen it all typed out somewhere, but can't remember where.
post #2 of 2
They say 7 years. But I've kept my tax returns forever & info regarding the sale & purchase of our houses.
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