Tax Preparation Checklist

Tax Preparation Checklist

Organized approach to gathering documents and preparing taxes

• Gather personal information (SSN, dependents, etc.)
• Collect income documents (W-2s, 1099s, etc.)
• Organize deduction documentation (medical, charity, etc.)
• Compile investment statements (1099-DIV, 1099-INT, etc.)
• Gather business expense records (if applicable)
• Collect education expense information (1098-T, etc.)
• Gather home-related documents (mortgage interest, property tax)
• Review last year's tax return
• Research tax law changes affecting your situation
• Decide on tax preparation method (software, professional, etc.)
• Schedule appointment with tax professional if needed
• Set up system for next year's tax documentation