- Engagement Letter signed
- Questionnaire filled out – do your best but if you don’t know an answer or have a question, feel free to write it in the margins, etc.
- Tax Organizer – This is optional, you do not have to fill it out. It can be very helpful, however, in helping you see what you had last year to remind you what is needed for this year.
- Forms W-2’s if you worked for wages
- Forms W-2G if you have gambling winnings. Provide a list of gambling losses, if any.
- Forms 1098 if you paid mortgage interest
- Forms 1098-E if you paid student loan interest
- Forms 1098-T if you paid tuition
- Forms 1099-INT if you received more than $10 interest from a bank or other financial institution.
- Forms 1099-DIV if you received any dividends
- Forms 1099-R from any retirement accounts
- Forms 1099-MISC and Forms 1099-NEC if you received any miscellaneous income
- 1099-SSA if you received Social Security income
- Form 1099-G if you received any unemployment
- Closing Statement if you bought/sold/refinanced a home during the tax year
- Business Income and Expenses if you have a business
- A list of medical/dental expenses if substantial amount was paid out of pocket. Please separate into categories like doctors, dentists, prescriptions, etc.
- A list of charitable contributions made by cash or check.
a. Gifts of less than $250 each do not need a receiptb. If the gift is over $250, you need a receipt but we do not need to see it; a list is fine.
- A list of non-cash donations made to charity
- If the fair market value of the goods donated is less than $500, we just need the dollar amount.
- If the fair market value of the goods donated is $500+, we need more detailed information: name, address, date, description.
For medical expenses, a list is helpful, separated into categories like doctors, dentists, prescriptions, etc.
For charitable donations, a list is also usually fine.
- If you have a single donation of cash/check/credit card over $250, you will need a receipt, but we do not need to see it.
- If you donated non-cash items, and the fair market value of the total goods donated is less than $500, we just need the dollar amount. But if the fair market value of the total goods donated is $500+, we need more detailed information: name, address, date, and description of the items donated.
If you bought a home, please provide the Closing Statement, Mortgage Statement, and Property Tax statement.
If you refinanced a home, we will need a Closing Statement.
If you sold a home, we would report the sale even if you owe no taxes on it. Please provide the Closing Statement, as well as the purchase date & price, and dollar amount of improvements made over the years.
We encourage all clients to create an account on IRS.gov and FTB.ca.gov to access their tax information. It is a great way to find out exactly how much government payments you received, allows you to print out an official list of your estimated payments made, and much more.
It is important to report accurate amounts on your tax return so that you do not receive a letter from the IRS or FTB, which is a hassle for you, and delays the processing of your return.
See instructions on the IRS and FTB websites for how to create the accounts, and feel free to call us if you have any trouble.