FAQS

A copy of your most recent tax return

If you feel there might be some discrepancies on some of your older returns, it would be wise to bring those along, too.  We can scan over your previous tax returns and see if anything is in error.

Form W-2 Wage and Tax Statement, etc.

This is pretty self explanatory.  Form W-2, Wage and Tax Statement, is used to report your wages for the year and the taxes withheld from them. Your employer is required to send you a W-2 by Jan. 31.  Keep this in mind when you are scheduling your appointment with the tax professional.

Form 1099’s interest, dividends, miscellaneous, etc.The different types of Form 1099’s are used to report various types of income from interest you receive on a savings account, brokerage statements, to money you may receive when you perform contract jobs as a self-employed individual.

Schedule K-1, income or loss from partnerships as corporations, LLC’s, LLP’s, trusts, estates etc.

Schedule K-1 is used to report individual, shareholder, partner, beneficiary share of income/loss.

More Tax Documents to Bring to Your Accountant

Forms 1098 Mortgage Interest Paid, and Real Estate Taxes.

Making a house payment is never fun (unless it’s the last one), but one perk is that mortgage interest is a tax-deductible expense.  If you don’t have your real estate tax bill handy, you can call the County office or mortgage company to get the amount paid.

Closing statements pertaining to real estate transactions (HUD-9 Forms).

Buying a home, selling a home, or rental property?  If so, bring any supporting documents.

All other supporting documents, schedules, checkbooks, etc.