There are a few financial documents everyone should have in their home. A copy of their lease (or mortgage). A pay stub. Credit card bills. Investment documents. And the last few years of past tax returns. In fact, with that last item, you don’t even need some of the first ones. That’s because your old tax returns are among the most valuable financial documents you have. They can even save you up to 20% on loans!
Why is that? What makes a past tax return so important?
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