Appointment Edicate - Please come prepared

Before showing up to your appointment, faxing, emailing or overnighting your documents, please make sure you have all of your paperwork together. This will minimize the amount of time it takes to complete your taxes and receiving your refunds.

Do you have all your W-2's, 1099-R's, Day Care Information - including the name, address and Tax Identification number, Dependant Information - including social security cards and dates of birth?

Do you have your interest income statements, mortgage interest or dividend statements?

Want direct deposit? Do you have your account number and routing number?

Filing business taxes? Do you know what your income and expenses are?

Did you or a dependant attend college or take any type of educational courses in 2015?

We want to make your appointment as smooth as possible, but you have to be completely prepared to complete your taxes in one appointment. Below is a list that will help you prepare for this years tax season!

 

Tax Preparation for Personal Information
The IRS needs to know who is filing the tax return, as well as how many people are covered on it. To make this easy, they require:

  • Your Social Security number
  • Your spouse’s Social Security number (if married)
  • Social Security numbers for any dependents

Tax Preparation for Income Information
The following documents will help you prepare all the income information that you need to file a federal tax return:

  • W-2 Forms from all employers you (and your spouse, if filing a joint return) worked for during the past tax year.
  • 1099 Forms if you (or your spouse) completed contract work and earned more than $600.
  • Investment income information (including: interest income, dividend income, proceeds from the sale of bonds or stocks, and income from foreign investments).
  • Income from local and state tax refunds from the prior year.
  • Business income (accounting records for any business that you own)
  • Unemployment income
  • Rental property income
  • Social Security benefits
  • Miscellaneous income (including: jury duty, lottery and gambling winnings, Form 1099-MISC for prizes and awards, and Form 1099-MSA for distributions from medical savings accounts)

Tax Preparation for Income Adjustments
The following adjustments can help reduce how much you owe in taxes, and in turn, increase your chance of receiving a tax refund:

  • Homebuyer tax credit
  • Green energy credits
  • IRA contributions
  • Mortgage interest
  • Student loan interest
  • Medical Savings Account (MSA) contributions
  • Self-employed health insurance
  • Moving expenses

Tax Preparation for Credits and Deductions
There are many tax credits and tax deductions for various expenses, which are designed to help lower the amount of tax that an individual has to pay:

  • Education costs
  • Childcare costs
  • Adoption costs
  • Charitable contributions/donations
  • Casualty and theft losses
  • Qualified business expenses
  • Medical expenses
  • Job and moving expenses

Tax Preparation for Direct Deposit
Are you interested in having your tax refund directly deposited into your bank account? If so, you will need to provide two things:

  • Your bank account number
  • The bank’s routing number

This tax forms / preparation checklist should help you get organized before filing your next income tax return.