Tax Preparation List

Information about your income

• Income from jobs: forms W-2 for you and your spouse

• Investment income—various forms 1099 (-INT, -DIV, -B, etc.), K-1s, stock option information

• Income from state and local income tax refunds and/or unemployment: forms 1099-G

• Taxable alimony received (Applicable to divorces finalized before January 1, 2019)

• Business or farming income—profit/loss statement, capital equipment information

• If you use your home for business—home size, office size, home expenses, office expenses.

• IRA/pension distributions—forms 1099-R

• Rental property income/expense—profit/loss statement, rental property suspended loss information

• Social Security benefits—forms SSA-1099

• Income from sales of property—original cost and cost of improvements, escrow closing statement, cancelled debt information (form 1099-C)

• Prior year installment sale information—forms 6252, principal and Interest collected during the year, SSN and address of payer

• Other miscellaneous income—jury duty, gambling winnings, Medical Savings Account (MSA), scholarships, etc.

Adjustments to your income

The following can help reduce the amount of your income that is taxed, which can increase your tax refund or lower the amount you owe.

• IRA contributions

• Student loan interest

• Health Savings Account (HSA) contributions

• Moving expenses (for tax years prior to 2018 unless you're military and for states that still allow it)

• Self-employed health insurance premium payments

• Keogh, SEP, SIMPLE and other self-employed pension plans

• Alimony paid that is tax deductible (Applicable to divorces finalized before January 1, 2019)

• Educator expenses

Itemized tax deductions and credits

• Child care costs—provider's name, address, tax id, and amount paid

• Child care costs—provider's name, address, tax id, and amount paid

• Education costs—forms 1098-T, education expenses

• Adoption costs—SSN of child, legal, medical, and transportation costs

• Home mortgage interest and points you paid—Forms 1098

• Investment interest expense

• Charitable donations—cash amounts and value of donated property, miles driven, and out-of-pocket expenses

• Casualty and theft losses—amount of damage, insurance reimbursements

• Medical and dental expenses

• Energy credits

Taxes you've paid

Properly documenting the taxes you've already paid can keep you from overpaying.

• State and local income taxes paid

• Real estate taxes paid

• Personal property taxes—vehicle license fee based on value

Other Information

• Estimated tax payments made during the year, prior year refund applied to current year, and any amount paid with an extension to file.

• Direct deposit information—routing and account number

• Foreign bank account information—location, name of bank, account number, peak value of account during the year