WOAH! Tax Season is upon us!
Hopefully this checklist can help you gather the right documents to hand over to your Accountant!
Tax Prep Document Checklist:
Basic Personal Info
- Social Security Numbers (You + Dependents)
- Last Year's tax return
Income Documents
- W-2 From Employers
- 1099s (Freelance work, interest from investments, dividends, retirement distributions)
- Income documents from rental properties or side gigs
Deduction & Credit Documents
- Mortgage Interest Doc (Form 1098)
- Student Loan Interest
- Childcare Expenses
- Charitable Contributions
- Medical Expenses (if itemizing)
Other Financial Info
- Health Savings Account Records
- Investment Statements (capital gains/losses)
- Retirement Contributions
Pro tip: Organize these in a secure folder (digital or physical) - it makes filing faster, easier, and safer. If you put a $10 gift card to a local coffee shop - I'm betting it moves you to the front of the line with your accountant too!
If you don't have someone in your corner to do taxes - reach out to me, I can point you to some local, reputable people who will be more than happy to assist you!