TAXPAYER CHECKLIST
Whether you have scheduled the appointment with the accountant or purchased the do-it-yourself tax software, you are now going to have to get organized. Following is a reference guide of all the data you might need.
Information You Need
Personal Data
- Social security numbers (incl. spouse & children)
- Your child care provider’s tax ID or Soc.Sec. #
Employment & Income Data
- W-2 Forms for this year
- Partnership and trust income
- Pensions and annuities
- Alimony received
- Jury duty pay
- Gambling and lottery winnings
- Prizes and awards
- Scholarships and fellowships
- State and local income tax refunds
Homeowner / Renter Data
- Residential address(es) for this year
- Mortgage interest
- Sale of your home or other real estate
- Second mortgage interest paid
- Real estate taxes paid
- Rent paid during tax year
- Moving expenses
Financial Assets
- Interest income statements
- Dividend income statements
- Proceeds from broker transactions
- Tax refunds and unemployment compensation
- Misc. income including contract or freelance work
- Retirement plan distribution
Financial Liabilities
- Auto loans and leases
- Student loan interest paid
- Early withdrawal penalties on CDs
- Personal property tax information
Deductible Expenses
- Gifts to charity
- Un-reimbursed expenses for volunteer work
- Un-reimbursed expenses related to your job
- Investment expenses
- Job-hunting expenses
- Education expenses
- Child care expenses
- Medical savings account
- Adoption expenses
- Alimony paid
- Tax return preparation expenses and fees
Self-Employment Data
- K-1’s on all partnerships
- Receipts for business-related expenses
- Farm income
Deduction Documents
- Estimated tax pmts for current year
- IRA, Keogh & other retirement plan contributions
- Medical Expenses
- Casualty or Theft Losses
- Other miscellaneous deductions
