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Tax Return Preparation and Tax Deduction Checklist

income tax preparation documents checklist

It would be ideal if you utilize this tax return preparation, tax credit, and tax deduction to-do checklist to arrange and get ready for your online tax return on This checklist will help you in social occasion all the essential tax records and tax archives you have to plan and efile your Federal and State Tax Returns quicker and all the more precisely.
Remember that you are mindful to support and reinforcement your online tax return with the applicable tax records or archives. Besides, if there should be an occurrence of a future Federal or State Tax Audit, you will be better arranged.
For more nitty gritty tax arranging tips and data, please visit the eFile Income Tax Return Planning Page.
We additionally prescribe looking at our rundown of imbecilic and savvy things taxpayers do when finishing tax returns. Tax Return Preparation Checklist
If it's not too much trouble print the tax to-do List beneath, look it over, and scratch off those things you have handy for your tax return.

General Taxable Income 

  • ___ W-2 Form(s) for Wages, Salaries, and Tips 
  • ___ Interest Income Statements: Form 1099-INT and 1099-OID 
  • ___ Dividend Income Statements: Form 1099-DIV 
  • ___ Sales of Stock, Land, and so on for Capital Gains: Form 1099-B 
  • ___ Sales of Real Estate: Form 1099-S 
  • ___ State Tax Refunds: Form 1099-G 
  • ___ Alimony Received or Paid 
  • ___ Unemployment Compensation Received 
  • ___ Miscellaneous Income: Form 1099-MISC 

Retirement Income 

  • ___ Retirement Income: Form 1099-R 
  • ___ Social Security Income and Railroad Retirement Income: Form SSA-1099 

Business Income 

  • ___ Business Income and Expenses 
  • ___ Rental Income and Expenses 
  • ___ Farm Income and Expenses 
  • ___ Form K-1 Income from Partnerships, Trusts, and S-Corporations 
  • ___ Tax Deductible Miles Traveled for Business Purposes 

Tax Credits 

  • ___ Child Care Provider Address, I.D. Number and Amounts Paid 
  • ___ Adoption Expense Information 
  • ___ Foreign Taxes paid 
  • ___ First Time Home Buyer Tax Credit 

Costs and Tax Deductions 

  • ___ Medical Expenses for the Family 
  • ___ Medical Insurance Paid 
  • ___ Prescription Medicines and Drugs 
  • ___ Doctor and Dentist Payments 
  • ___ Hospital and Nurse Payments 
  • ___ Tax Deductible Miles Traveled for Medical Purposes 
  • ___ Home Mortgage Interest from Form 1098 
  • ___ Home Second Mortgage Interest Paid 
  • ___ Real Estate Taxes Paid 
  • ___ State Taxes Paid with Last Year's Return (if asserting organized deductions) 
  • ___ Personal Property Taxes Paid 
  • ___ Charitable Cash Contributions 
  • ___ Fair Market Value of Non-money Contributions to Charities 
  • ___ Unreimbursed Expenses Related to Volunteer Work 
  • ___ Tax Deductible Mileage for Volunteer Purposes 
  • ___ Casualty and Theft Losses 
  • ___ Amount Paid to Professional Preparer Last Year 
  • ___ Unreimbursed Expenses Related to Your Job 
  • ___ Miles Traveled Related to Your Job 
  • ___ Union and Professional Dues 
  • ___ Investment Expenses 
  • ___ Job-chasing Expenses 
  • ___ IRA Contributions 
  • ___ Student Loan Interest Paid 
  • ___ Moving Expenses 
  • ___ Last Year's Tax Preparation Fee 

Tax Estimate Payments 

  • ___ Estimated Tax Payments Made with ES Vouchers 
  • ___ Last Year's Tax Return Overpayment Applied to This Year 
  • ___ Off Highway Fuel Taxes Paid 

General Information 

  • ___ Copy of Last Year's Tax Return 
  • ___ Social Security Numbers for You and Your Spouse 
  • ___ Educational Expenses for You and Your Spouse 
  • ___ Dependents' Names, Years of Birth, and Social Security Numbers 
  • ___ Dependents' Post High School Educational Expenses 
  • ___ Child Care Expenses for Each Dependent 
  • ___ Prior Year Adjusted Gross Income (AGI) and Personal Identification Number (PIN)- how to discover a year ago's balanced gross income (AGI) 
  • ___ Routing Transmit Number (RTN) (For direct store/charge purposes) 
  • ___ Bank Account Number (BAN) (For direct store/charge purposes)

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