What do you need to include in your Personal Tax Check List?
Income Data
- W-2 forms
- Pensions and annuities
- Partnership and trust income
- Alimony received
- Jury duty pay
- State and local income tax refund
- Scholarships and fellowships
- Prizes and awards
- Gambling and lottery winnings
Financial Assets and Liabilities
- Interest Income Statements (form 1099-INT & 1099-OID)
- Dividend Income Statements (form 1099-DN)
- Tax refunds and unemployment compensation (form 1099-G)
- Proceeds from broker transactions (form 1099-B)
- Miscellaneous income (form 1099-MISC)
- Retirement plan distributions (form 1099-R)
- Student loan interest paid
- Early withdrawal penalties on CDs
Home and Rental Property Data
- Mortgage interest (form 1098)
- Home equity loan interest
- Real estate taxes paid
- Sale of your home or other real estate (form 1099-S)
- Rental property income
- Rental property expenses
Expense Documentation
- Charitable donations
- Unreimbursed business of volunteer work expenses
- Child care expenses
- Alimony paid
- Tax Return preparation fees
- Investment expenses
- Education expenses
- Job-hunting expenses
- Adoption expenses
- Moving expenses
- Medical expenses
Deductions
- IRA, SEP, SIMPLE and other retirement plan contributions
- Casualty and theft losses
- Medical Savings Accounts
- Energy Credit Expenditures