Income
o W-2 for wages
o 1099-INT, 1099-DIV, 1099-B for investment income (interest, dividends, stock sales), often in composite 1099s from brokerage companies (Edward Jones, Morgan Stanley, etc.)
§ Please include all pages from composite 1099s
o 1099-R for IRA/pension distributions
o SSA-1099 for social security payments
o 1099-G forms (unemployment & other government payments)
o 1099-MISC for royalties, awards, or other income
o 1099-NEC for independent contractor/self-employed income
§ Include summarized list of related expenses related, if applicable, for Sch. C
o K-1 from partnerships, s-corporations, estates & trusts
Deductions
o 1098 for mortgage interest paid
o Summarized list of expenses paid for medical, dental, prescriptions, real estate taxes paid and charitable contributions; and all other deductible expenses (ex.: IRA contributions)
o 1098-T tuition paid statement
Miscellaneous
o 1099-Q distributions from education account
§ Summary of qualified expenses paid required (housing, books, tuition)
o 1095-A health insurance marketplace statement
§ 1095-B/C forms no longer required unless resident of CA, MA, NJ, RI, or DC
o List of estimated tax payments paid during the year, by date
Sale and/or purchase of new home
o Closing statements from sale and/or purchase
o If you sold property;
§ Original purchase date(month/year if exact date unknown)
§ Original purchase price
§ Provide us your new address if the property sold was your principal address and you have not purchased in the current tax year.
§ We may need additional information regarding capital improvements – we will contact you if this information would make a difference.
o If you purchased property, please refer to above deductions re: mortgage interest and real estate taxes paid.
§ Note – while it does not impact your yearly taxes, keep track of your capital improvements if you plan to sell in the future.
New child/dependent
o Legal first + last name (MI optional), birthdate, SSN, relationship to you (ex. daughter, son)
o Let us know if you will not be claiming them every tax year (even vs odd years)