Individual Tax Returns

 

Individual Tax Returns We Prepare:

- Individual Returns both short and long forms (Form 1040 and 1040EZ)

- Individual Returns for Self-Employment (Schedule C)

Please use the following checklist as a guide for gathering the necessary documents needed for tax preparation.

Personal Information

• Yours and your spouse's full name, and social security numbers or tax ID numbers

• Amount of any alimony paid and ex-spouse's full name and social security number

• Birth dates and social security numbers or tax ID numbers of any children or other legal dependents

• Childcare records (including the provider's tax ID number) if applicable

• Your tax return from the previous year. If you are a first time filer with us, please bring your tax returns from the previous three years.

Employee Information

• Forms W-2(s)

Savings and Investments

• Interest, dividend income (1099-INT, 1099-OID, 1099-DIV)

• Income from sales of stock or other property (1099-B, 1099-S)

• Dates of acquisition and records of your cost or other basis in property you sold (if basis is not reported on 1099-B)

Other Income

• Unemployment, state tax refund (1099-G)

• Gambling income (W-2G or records showing income, as well as expense records)

• Amount of any alimony received

• Health Savings Account and long-term care reimbursements (1099-SA or 1099-LTC)

• Jury duty records

• Hobby income and expenses

• Prizes and awards

• Other 1099

Affordable Care Act

• Form 1095-A if you enrolled in an insurance plan through the Marketplace (Exchange)

• Form 1095-B and/or 1095-C if you had insurance coverage through any other source (i.e . an employer, insurance company, government health plan such as Medicare, Medicaid, CHIP, TRICARE, VA, etc.)

• Marketplace exemption certificate (ECN) if you applied for and received an exemption from the Marketplace (Exchange)

Education Payments

• Forms 1098-T from educational institutions

• Receipts that itemize qualified educational expenses

• Records of any scholarships or fellowships you received

• Form1098-E if you paid student loan interest

Other Deductions and Credits

• Receipts for classroom expenses (for educators in grades K-12)

• Form 5498-SA showing HSA contributions

• All other 5498 series forms (5498-QA, 5498-ESA)

• Record of moving expenses not reimbursed by employer

• Forms 1098 or other mortgage interest statements

• All other 1098 series forms

• Amount of state/local income tax paid (other than wage withholding), or amount of state and local
sales tax paid

• Real estate and personal property tax records

• Invoice showing amount of vehicle sales tax paid

• Cash amounts donated to houses of worship, schools, other charitable organizations

• Records of non-cash charitable donations

• Amounts paid for healthcare insurance and to doctors, dentists, hospitals

• Amounts of miles driven for charitable or medical purposes

• Expenses related to your investments

• Amount paid for preparation of last year’s tax return

• Employment-related expenses (dues, publications, tools, uniform cost and cleaning, travel)

• Job-hunting expenses

• Receipts for energy-saving home improvements

• Record of estimated tax payments made

 

If Self-Employed, Add These Items to the Checklist for Individuals

 

Self-Employment Information

• Forms 1099-MISC, Schedules K-1, income records to verify amounts not reported on 1099s

• Records of all expenses — check registers or credit card statements, and receipts

• Business-use asset information (cost, date placed in service, etc.) for depreciation

• Office in home information, if applicable

Business Use of Vehicle Information

• Log showing total miles driven for the year (or beginning/ending odometer readings), total business miles driven for the year (other than commuting), and the business purpose of the mileage

• Amount of parking and tolls paid

• If you want to claim actual expenses, receipts or totals for gas, oil, car washes, licenses, personal property tax, lease or interest expense, etc.

Rental Property Income

• Records of income and expenses

• Rental asset information (cost, date placed in service, etc.) for depreciation

Retirement Income and Contributions

• Pension/IRA/annuity income (1099-R)

• Social security/RRB income (1099-SSA, RRB-1099)

• Form 5498 showing IRA contributions

• Traditional IRA basis (i.e. amounts you contributed to the IRA that were already taxed