2011 Tax Documents Checklist
Let The Paper Chase Begin!
Hello to all!
Here is a forms checklist that you can print
and use to gather all of your 2011 tax year
forms as you ready yourself to have your returns
prepared. I'll be the first to admit, this is a long list --
but the unfortunate reality of our tax code is that this
list isn't even comprehensive! But these items will cover
95% of my clients. Really, this is for ensuring we work
efficiently this tax season, and to ensure that I'm able to
help you pay as little tax as possible under the tax code.
Even if for some strange reason you won't be using my
cost-effective services this year, feel free to use this
list a as a handy guide...
Personal Data
Social Security Numbers (including spouse and children)
Child care provider tax I.D. or Social Security Number
Bank account number and routing number, for quicker direct deposit of your refunds
Listing of any foreign bank accounts or other non-cash foreign assets.
There are new rules this year that require disclosure, with stiff penalties for those who don't.
So let's discuss in detail any non-US accounts or assets that you have.
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 and trust income
Pensions and annuities
Alimony received
Jury duty pay
Gambling and lottery winnings
Prizes and awards
Scholarships and fellowships
Don't forget to provide details of any additional self-employment income,
whether it was reported to you on a Form 1099 or not.
Homeowner/Renter Data
Residential address(es) for this year, and dates of any moves especially involving multiple states
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
Moving expenses
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: stock sales should also include original cost basis info
Financial Liabilities
Auto loans and leases (account numbers and car value) if vehicle used for business
Student loan interest paid
Early withdrawal penalties on CDs and other fixed time deposits
Automobiles
Personal property tax information
Department of Motor Vehicles registration fees
Miles driven for Business, Medical Services, Or Charity
Expenses
Gifts to charity (receipts for any single donations of $250 or more)
Unreimbursed expenses related to volunteer work
Unreimbursed expenses related to your job (travel expenses, entertainment,
uniforms, union dues, subscriptions)
Investment expenses
Job-hunting expenses, and job-related moving expenses
Education expenses (tuition and fees)
Child care expenses
Medical Savings Accounts
Adoption expenses
Alimony paid
Tax return preparation expenses and fees
Self-Employment Data
Estimated tax vouchers for the current year
Self-employment tax
Self-employment SEP plan contributions
Self-employed health insurance
K-1's on all partnerships
Receipts or documentation for business-related expenses
Quickbooks or similar full year income statement
Home office expenses and support
Farm income
Rental property income and expenses
Deduction Documents
State and local income taxes
IRA, Keogh and other retirement plan contributions
Medical expenses
Casualty or theft losses
Other miscellaneous deductions
Remember you can upload all of your documents to your own secure set of folders on my
client portal server, here is the link again: http://www.conciergetax.com/clientportal.php
Please forward this list to anyone who can use some help getting organized.
I hope this helps, and I look forward to seeing you and all of your friends and colleagues
this tax season!
Warmly,
Robert A. Gambardella, CPA CTC
