Tax Prep Checklist

Common Items:

• W-2 forms 
• 1099-R forms for distributions from retirement accounts
• 1099-NEC or 1099-MISC for self-employment or rental income
• 1099-INT, -DIV, -B,  or K-1s for investment or interest income
• SSA-1099 for Social Security benefits received 
• 1099-G for unemployment benefits received
• 1099-SA for distributions from an HSA/FSA
• Rental property income and expenses
• 1098-E for student loan interest paid
• Child care expenses paid (you may have to ask your child care provider for a statement)
• 1098-T for tuition and education costs
• Any estimated tax payments made for the tax year
• Form 1095-A if you purchased your health insurance through the Marketplace 

**** For tax year 2021, please provide the amount of stimulus #3 received (most common is $1,400 per person) and the amount of Child Tax Credit Prepayment received **** 

If your marital status, address, dependents, or banking info has changed from the prior year, please let us know

Less Common Items:

• If you itemize (most people do NOT), please provide your 1098 for mortgage interest and property taxes, and a record of all of your cash and non-cash charitable contributions.
• 1099-C for Cancellation of Debt
• 1099-S for Real Estate sales proceeds 
• Record of IRA/HSA contributions not made through payroll
• Receipts for Qualified energy-efficient home improvements
• Alimony paid/received

• A record of your business income and expenses. A Profit and Loss statement is most common. 
• If you keep your records in Quickbooks Desktop, please provide a backup copy of your QB (and the password). 
• If you use Quickbooks Online, you can send us an accountant's invitation.
• If you keep your records in Excel, please provide an electronic copy of your excel file.
• If your business has employees, please provide your year-end payroll reports from your payroll provider.

Here are a few key expense items you may want to consider. 

This list is NOT all-inclusive:

• Vehicle expenses: Business mileage, tolls, and interest on vehicle
• Advertising expense
• Bank and credit card fees
• Computer services and Supplies
• Contract Labor
• Dues and Subscriptions
• Equipment purchased
• Liability Insurance
• Self-employed Health Insurance
• Interest paid on business loans
• Legal and professional fees
• Licenses and Permits
• Office Supplies
• Rent Expenses
• Repairs and Maintenance
• Supplies
• Training and Continuing Education
• Travel
• Business Meals
• Utilities
• Telephone