Tax Preparation Checklist

Our tax preparation checklist will help you understand what you need to put together for your affairs.

Personal Information

  • Social security card & date of birth for Taxpayer, Spouse, and All Dependents.

  • Previous year tax payments and documents.

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

  • Interest and dividend income/Form 1099/Form 1099-INT/1099-DIV

  • Reporting deductions and credits.

Self-Employment Information

  • Forms 1099-MISC, Schedules K-1, income records to verify amounts not reported on 1099s. (If you are a sole proprietor, then you are responsible for gathering all of the information pertaining to the profit or loss of your business to report on your Schedule C attachment.)

  • 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

Employee Information

  • Income documentation/Forms W-2

Rental Property Income

  • Records of income and expenses

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

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

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. please provide documentation as well.

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)

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)

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)

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

Other Deductions and Credits

  • 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

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

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

  • Receipts for energy-saving home improvements

  • Record of estimated tax payments made