WHAT TO BRING FOR YOUR TAX APPOINTMENT

Getting organized to prepare for your tax appointment can save you a ton of time, and is well worth the effort.

If it’s just after tax season, this list will help you know what documents to keep an eye out for throughout the year and set aside. If your tax appointment is right around the corner, this list is a great resource to help you track down the right documents.

With all of the changes every year (and, of course, that’s especially true THIS year), filing your taxes on your own is not for the faint of heart. That’s even with nice-looking softwares on the market which purport to make it easy for you.

But that’s what we’re here for.

Let us be your easy button in Charlotte.

Filing your taxes on your own is not for the faint of heart. That’s even with nice-looking softwares on the market which purport to make it easy for you.

But that’s what we’re here for. Let *us* make it easy for you.

Below is a list of what you will need during the tax preparation process. Not all of them will apply to you — probably MOST will not. Nonetheless, it’s a useful checklist.

Before you get overwhelmed: yes, this is a long list — but it’s the unfortunate reality of our tax code that it’s not even comprehensive! But these items will cover 95% of our clients. Really, this is for ensuring that we’re able to help you keep every dollar you can keep under our tax code.

Also note: Certain deductions went away this year, that we’re used to handling on behalf of our clients. And some that you might be used to as well. This list has changed a little, and I’ve notated additional changes coming down the pike.

But again … we will be your guide. That’s what we’re here for.

Even if for some strange reason you won’t be using our cost-effective services this year, feel free to use this list as a handy guide…

Tax Appointment Data

Personal Data

Social Security Numbers & DOB (including spouse and children)
Child care provider tax I.D. / SSN and address

Financial Liabilities

Auto loans and leases (account numbers and car value) if vehicle used for business
Student loan interest paid: Form 1098-E
Early withdrawal penalties on CDs and other fixed time deposits

Employment & Income Data

W-2 forms for this year
Tax refunds and unemployment compensation: Form 1099-G
Miscellaneous income including rent: Form 1099-MISC
Partnership, trust, and S-Corporation income: Form K-1
Pensions, annuities, retirement or profit sharing plans, IRAs, etc.: Form 1099-R
Alimony received (including payer’s SSN) if divorce finalized prior to 1/1/2019
Jury duty pay
Gambling and lottery winnings: Form W-2G
Prizes and awards
Scholarships and fellowships
Social Security income: Form SSA-1099
Transfer of stock options exercised: Form 3922
Amount of CARES Act payment received (1st stimulus paid April/May 2020: $1,200 per adult, $500 per child)
Amount of CAA payment received (2nd stimulus paid January 2021: $600 per adult & child)

Automobiles

Personal property tax information
Department of Motor Vehicles fees (only if including sales or property tax)
Sales tax on purchase

Health Insurance Information

All 1095-A Forms from marketplace providers (if you purchased insurance through a Marketplace)
Records of credits and/or advance payments received from the Premium Tax Credit (if claiming)

Expenses

Gifts to charity (receipts for any single donations of $250 or more, and non-cash donations of $500 or more)
Unreimbursed expenses and mileage related to volunteer work
Education expenses (tuition and fees)
Child care expenses
Medical Savings Accounts and Health Savings accounts: Form 1099-SA
Adoption expenses
Alimony paid (including payee’s SSN) if divorce finalized prior to 1/1/2019

Homeowner/Renter Data

Residential address(es) for this year
Mortgage interest: Form 1098
Sale of your home or other real estate: Form 1099-S Second mortgage interest paid
Real estate taxes paid
Rent paid during tax year
Settlement statement for any real estate purchased or sold during the year

Self-Employment Data

Estimated tax vouchers for the current year
Self-employment income
Self-employment SEP plans, Simple IRA
Self-employed health insurance (do not include COBRA) K-1s on all partnerships
Receipts or documentation for business-related expenses Farm income and expenses
Rent income and expenses
Number of days you were unable to work due to COVID-19 or due to symptoms of COVID-19, including time while waiting for test results (do not include days reimbursed by an employer)
Number of days you were unable to work due to caring for a family member who was quarantined due to COVID-19 or caring for a child due to the closure of a childcare facility / school

Financial Assets

Interest income statements: Form 1099-INT & 1099-OID
Dividend income statements: Form 1099-DIV
Proceeds from broker transactions: Form 1099-B
Retirement plan distribution: Form 1099-R
Capital gains or losses

Deduction Documents

State and local income taxes
IRA, Keogh and other retirement plan contributions
Medical expenses
Casualty or theft losses
Other miscellaneous deductions
Educator expenses

Credits

Energy improvements
Education expenses (tuition and fees): Form 1098-T
Adoption expenses

Tax Preparation Checklist

What To Bring For Your Tax Appointment