DIRECTORY
Main Menu
Affiliate Programs
Hosting
Traffic
Content
BillinG
Design
show pic archive
Articles
Tutorials
interviews
jbm newsletteRS
jbm JOBS BOARD
Contact Us
Message Board

Advertising inquiries

 
 
Gathering Tax Documents

It's getting closer and closer to the end of the year and if your like me, you start sweating the tax stuff thats coming. So far we have talked about mistakes people make on taxes and depreciating your computer equiptment. Today I put together a list of documents you need to get together when your ready to prepare your taxes

Income documents

W-2s
1099s
Proof of jury duty pay
Proof of alimony you received
Social Security statement (1099-SSA)
Dividend and interest statements (1099-DIV and 1099-INT)
Retirement distributions (1099-R)
Brokerage statements (1099-B), along with statements showing when you bought and sold your investments
K-1 statements reporting profits from partnerships, trusts, and small businesses,
Record of income and expenses for your rental property
Record of income and expenses for your self-employment

Other tax documents

Summary of moving expenses,
Summary of educational expenses (college tuition),
Summary of your child care, day care, or adult day care expenses,
IRA contributions (traditional, SEP, or rollovers)
Student loan interest paid (1098-E)

Tax deduction documents

Health care expenses (doctors, dentists, health insurance, eyecare, medicine)
Real estate taxes
Motor vehicle registration
Mortgage interest paid (1098)
Gifts to charity
Last year's tax preparation fees
Job-related expenses (union dues, job education, uniforms)
Loss of property due to casualty or theft
Gambling losses (I had no idea!)

Of course there may be a few I left out but in general this is what you need to gather to pretty much cover everything for the year.


 

Please pass on any suggestions or comments to Nick.