TAX DOCUMENTS CHECKLIST

Before we're able to complete your Tax Return, we will need to receive the following Information and Tax documents from you.


  • Your Name(s) as appearing on your Social Security card(s)
  • Social Security Number(s) (For you and any Dependents)
  • Date(s) of Birth (For you and any Dependents)
  • Current Address and Phone Number
  • Filing Status (ie. single, Married, Head of Household with Dependents, etc)
  • Your Occupation and if applicable your Spouse's Occupation
  • Child Tax Credit Information* (as applicable)
  • All Sources of Income including... W2s, 1099s, Social Security, Retirement Benefits, Bank Interest, Alimony, gambling, etc
  • Form 1095-A for Medical Insurance Coverage if through the ACA (Affordable Care Act)
  • Documentation of any Interest or Dividend Income
  • Investment statements for all Stock Sales
  • Homeowners should provide Mortgage Form 1098 as well as the amount of your Property Tax if you do not have an Impound Account
  • Closing Statements for any home purchases, sales, or refinancing
  • For your Small Business, please provide the name of the business, what it does, and all related income and expenses
  • For Rental Properties, please provide property address(es), rents received, and expenses. In addition please provide the property value at the time you began renting it out.
  • College Attendance - If applicable to you, we will need your 1098-T as well as your total out-of-pocket expenses for books, supplies, etc.
  • Your Bank Account Number and Bank Routing Number for Direct Deposit Refunds
  • And new for 2019 - Confirmation of whether or not you received, sold, exchanged, or otherwise acquired financial interest in any Virtual Currency (ie. Bitcoin)

DOCUMENT SCANS AND PHOTOS for REMOTE RETURNS - Statements and Tax Forms can be scanned to PDF, or photographed with your phone and easily converted to PDFs. Click on the following links to learn how to create PDFs from photos taken on your iPhone or Android devices.

When photographing documents, please take care to have adequate lighting. To avoid disruptive shadows across your documents, be mindful to avoid having your main light source positioned directly behind (or above) you and the camera. For example, down shooting with ceiling lights directly overhead will result in shadows across your images. Best photo results will come from shooting with bright side lighting, such as near to a window during mid-day sun hours. Positioning your camera directly over and parallel to your documents will minimize the keystone effect of the image.


On completion of your Tax Return we will let you know the Refund amounts. We will email you our Invoice and the Form 8879, that we will need signed and returned. On receipt of the signed 8879 and payment, your Tax Return will be e-filed directly to the IRS.

ADDITIONAL DETAILS

INCOME SOURCES

Your income tax return must reflect all of your income. Any income that doesn’t make it onto your return can result in penalties and interest for under-reported and under-paid taxes.

For tax purposes, income is any money you receive from any source that is not a gift. This includes social security, retirement benefits, sale of real estate, investments (including dividends), bank interest, alimony, gambling and wages. Income from your job, or jobs, will be reflected on W-2s. All other sources of income, such as money earned as an independent contractor, will be reported on a 1099 of one form or another.


CHILD TAX CREDIT

The Child Tax Credit can significantly reduce your tax bill if you meet all 7 requirements of:

  • Age - the child must have been under age 17 at the end of the tax year
  • Relationship - the child must be your own child, a stepchild, or a foster child placed with you by a court or authorized agency.
  • Support - the child cannot have provided more than half of his or her own financial support during the tax year.
  • Dependent Status - You must claim the child as a dependent on your tax return.
  • Citizenship - The child must be a U.S. citizen, a U.S. national or a U.S. resident alien.
  • Length of Residency - The child must have lived with you for more than half of the tax year for which you claim the credit.
  • Family Income - The Child Tax Credit is reduced if your modified adjusted gross income (MAGI) is above certain amounts, which are determined by your tax-filing status.


PROOF OF EXPENSES

Many people don’t itemize their returns and therefore fail to provide proof of expenses to the tax preparer. Any deductible expenses that you have which are greater than the standard deduction will reduce the amount of taxes you owe or increase the size of your refund. For 2019, the standard deduction is $12,200 for individuals, $24,400 for married couples filing jointly and $18,350 for those filing as head of household.


PROOF OF LOSSES

Losses occur as a result of things like natural disasters, fire, theft and other unexpected catastrophes. Bring along proof of the event in the form of police or fire reports, insurance claims and other official documentation that spells out what occurred and when. If you’ve received partial payment in the form of insurance or federal or state disaster relief, bring that along as well.

NATIONAL TAX DAY has been extended to July 15, 2020.