Income Tax Prep Checklist

Documentation to prepare personal income tax returns

PROOF OF EXPENSES

• SELF-EMPLOYMENT EXPENSES, SUCH AS MILEAGE AND EQUIPMENT

• MEDICAL EXPENSES (OVER 10% OF YOUR ADJUSTED GROSS INCOME)

• DOCUMENTATION OF ANY INVESTMENTS YOU SOLD DURING THE YEAR

• TUITION PAYMENTS – FORM 1098-T IS SENT FOR QUALIFIED TUITION EXPENSES

• WORK-RELATED EDUCATION EXPENSES

• IRA CONTRIBUTIONS

• THE COST OF LAST YEAR’S TAX PREPARATION

• UNION DUES

• UN-REIMBURSED EMPLOYEE BUSINESS EXPENSES (CLIENT MEALS, TRAVEL, ETC.)

• STUDENT LOAN INTEREST – IF YOU PAID $600 OR MORE IN STUDENT LOAN INTEREST, YOU SHOULD RECEIVE A 1098-E FROM THE LENDER

• MORTGAGE LOAN INTEREST – IF YOU PAID $600 OR MORE IN STUDENT LOAN INTEREST, YOU SHOULD RECEIVE A 1098 FORM FROM THE LENDER

• CHARITABLE CONTRIBUTIONS – THIS INCLUDES NON-CASH DONATIONS, SUCH AS DONATED FOOD, CLOTHES, AND HOUSEHOLD GOODS. ANY VEHICLES OR BOATS DONATED TO A CHARITY WOULD RECEIVE A 1098-C

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