TAX PREP CHECKLIST

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PERSONAL​

• Your Social Security number or tax ID number

• Your spouse's full name and Social Security number or tax ID number

• Your unexpired government issued ID

• Your spouse's unexpired government issued ID
   

DEPENDENTS

• Dates of birth and Social Security numbers or other tax ID numbers

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

• Form 8332 when the child’s custodial parent is releasing their right to claim a child to the noncustodial parent (if applicable)

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INCOME

• Employed

• Forms W-2
   

• Unemployed

• Unemployment (1099-G)​
   

• Self-Employed

  • Forms 1099-NEC and 1099-K

  • 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

  • Home office information, if applicable

  • Record of estimated tax payments made (Form 1040ES)
     

• RENTAL INCOME

  • Records of income and expenses

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

  • Record of estimated tax payments made (Form 1040ES)
     

• SAVINGS & INVESTMENTS OR DIVIDENDS

  • 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)

  • Expenses related to your investments

  • Record of estimated tax payments made (Form 1040ES)

  • 1099-B and/or 1099-DIV from cryptocurrencies, NFTs and all other similar type income or loss

  • Cost of all cryptocurrencies, NFTs and other similar type of income sales
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• RETIREMENT INCOME

  • Pension/IRA/annuity income (1099-R)

  • Traditional IRA basis (prior-year Forms 8606 showing amounts already taxed)

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

• OTHER INCOMES & LOSES

  • State refunds (Form 1099-G)

  • Income from K-1s either as investment or as active owner

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

  • Jury duty records

  • Hobby income and expenses

  • Prizes and awards

  • Trusts

  • Royalties (1099-MISC)

  • Any other 1099s received

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

• HOME OWNERSHIP

  • Form 1098 or other mortgage interest statements

  • Real estate and personal property tax records​
     

• CHARITABLE DONATIONS

  • Cash amounts donated to religious organizations, schools, other charitable organizations

  • Records of non-cash charitable donations

  • Amounts of miles driven for charitable purposes
     

• MEDICAL EXPENSES

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

  • Miles driven for medical purposes

  • Travel expenses for medical, including hotels, planes, tolls, parking, etc​
     

• HEALTH INSURANCE

  • Form 1095-A if you have health insurance through a State Marketplace (Exchange)​
     

• CHILDCARE EXPENSES

  • Daycare paid for a child under age 13 so the taxpayer (and spouse) can work

  • Wages paid to a babysitter
     

• EDUCATIONAL EXPENSES

  • Forms 1098-T from educational institutions

  • Receipts for qualified educational expenses

  • Records of scholarships or fellowships

  • Form 1098-E for student loan interest
     

• STATE & LOCAL TAXES OR SALES TAX

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

  • Invoice for large item purchases such as cars, boats, motorcycles etc.

  • Amount of real estate taxes paid

  • Amount of personal property taxes paid
     

• RETIREMENT & OTHER SAVINGS

  • Form 5498-SA showing HSA contributions

  • Form 5498 showing IRA contributions

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