Tax Preparation Check List
General list of supporting documents
General Information
- Last Year's Return.
- Full Names and SSNs for yourself, your spouse, and dependents.
- Estimated Federal, State, local taxes paid or tax withholding.
- Bank Information (Account and Routing Number for direct deposit/debit)
Documents Received
- Alimony received/paid
- Forms W-2, 1099s
- Form 1098s
- Form 1095s
- Form 2439s
- Schedule K1
- Business Income ( Profit and Loss Statement)
- Rental property income and expenses: profit/loss statement, suspended loss information
- Other income (jury duty, gambling winnings, Medical Savings Account, scholarships, etc.)
- Installment sale information (If any)
Itemized Deductions ( if applicable)
- Casualty and Theft Losses
- Charitable Cash Contributions
- Medical Expense
- Home Second Mortgage Interest Paid
- Investment Expenses
- Job-hunting Expenses
- Miles Traveled for Medical Purposes
- Miles Traveled Related to Your Job
- Moving Expenses
- State Taxes
- Student Loan Interest Paid
- Other deductible expense
Tax Estimate Payments
- Estimated Tax Payments
- Last Year's Tax Return Overpayment
Schedule C : Profit or Loss From Business | Self-Employed
Income
- Total Sales
- Sale discounts
- Bank Deposits.
- 1099s
- Other Income
Costs and Expense
- Inventory: Begining Balance, Ending Balance, Purchase
- Bad Debts written off
- Auto expense/ Business milleage
- Salaries and Wages
- Payments to sub-contractors ( forms 1099s)
- Commissions
- Home Office/Business Expense
- Assets acquired date and costs
- Business loan Interest
- Insurance
- Rent Expense
- Legal and Professional Fees
- Meals & Entertainment
- Travel expense
- Office supplies/ Ultilities
- Repairs
- Taxes and licenses
- Other business related expense
SCHEDULE E : Rental Real Estate | Document Each Property Individually
Description of Property
- Type of Property
- Address ( Street, City, State, ZIP Code)
- Number of rental days
- Personal use days
- Date Purchased and Cost
Rental Property Income
- Rents received
- Deposits forfeited
- Other Income
Rental Property Expenses
- Advertising
- Auto and travel
- Cleaning and maintenance
- Commissions
- Insurance
- Management fees
- Mortgage interest paid
- Other interest.
- Repairs,Plumbing, Electrical, Appliances.
- Landscaping
- Supplies
- Taxes
- Utilities
- Other related costs not listed here (provide details)
1. Copy of partnership agreement or bylaws including any amendments
2. Books and Records: The partnership's books and records, including bank statements, check registers, invoices, and receipts.
3. Schedule K-1s: Schedule K-1 forms for each partner, indicating their share of the partnership's income, deductions, credits, and other items.
4. Forms 1099: Forms 1099 received by the partnership, including Forms 1099-MISC, 1099-INT, and 1099-DIV.
5. Depreciation Schedules: Depreciation schedules for all partnership assets, including vehicles, equipment, and real property.
6. Date of purchase, cost, sales proceeds, trade-in allowance, expenses of the sale, and accumulated depreciation for all assets disposed of during the tax year
7. Loan Documentation: Documentation for any loans made to or by the partnership, including promissory notes, loan agreements, and mortgage documents.
8. Partnership Interest Transfers: Documentation for any transfers of partnership interests, including buy-sell agreements and transfer agreements.
9. Previous Tax Returns: Copies of the partnership's previous tax returns, including Forms 1065 and Schedules K-1.
10. Payroll Records: Records of all payroll expenses, including W-2 forms and Forms 941.
11. Reports of state and local payroll tax paid
2. Books and Records: The partnership's books and records, including bank statements, check registers, invoices, and receipts.
3. Schedule K-1s: Schedule K-1 forms for each partner, indicating their share of the partnership's income, deductions, credits, and other items.
4. Forms 1099: Forms 1099 received by the partnership, including Forms 1099-MISC, 1099-INT, and 1099-DIV.
5. Depreciation Schedules: Depreciation schedules for all partnership assets, including vehicles, equipment, and real property.
6. Date of purchase, cost, sales proceeds, trade-in allowance, expenses of the sale, and accumulated depreciation for all assets disposed of during the tax year
7. Loan Documentation: Documentation for any loans made to or by the partnership, including promissory notes, loan agreements, and mortgage documents.
8. Partnership Interest Transfers: Documentation for any transfers of partnership interests, including buy-sell agreements and transfer agreements.
9. Previous Tax Returns: Copies of the partnership's previous tax returns, including Forms 1065 and Schedules K-1.
10. Payroll Records: Records of all payroll expenses, including W-2 forms and Forms 941.
11. Reports of state and local payroll tax paid
1. Corporate Charter: A copy of the corporation's articles of incorporation or charter, which outlines the terms and conditions of the corporation.
2. Books and Records: The corporation's books and records, including bank statements, check registers, invoices, and receipts.
3. Forms W-2: Forms W-2 for all employees of the corporation, indicating their taxable wages and compensation.
4. Forms 1099: Forms 1099 received by the corporation, including Forms 1099-MISC, 1099-INT, and 1099-DIV.
5. Depreciation Schedules: Depreciation schedules for all corporate assets, including vehicles, equipment, and real property.
6. Receipts and Invoices: Receipts and invoices for all deductible expenses, including advertising, rent, utilities, and travel.
7. Loan Documentation: Documentation for any loans made to or by the corporation, including promissory notes, loan agreements, and mortgage documents.
8. Stock Transfer Records: Documentation for any transfers of corporate stock, including stock certificates and transfer agreements.
9. Previous Tax Returns: Copies of the corporation's previous tax returns, including Forms 1120S and Forms W-2.
10. Payroll Records: Records of all payroll expenses, including Forms 941 and any other payroll-related tax forms.
2. Books and Records: The corporation's books and records, including bank statements, check registers, invoices, and receipts.
3. Forms W-2: Forms W-2 for all employees of the corporation, indicating their taxable wages and compensation.
4. Forms 1099: Forms 1099 received by the corporation, including Forms 1099-MISC, 1099-INT, and 1099-DIV.
5. Depreciation Schedules: Depreciation schedules for all corporate assets, including vehicles, equipment, and real property.
6. Receipts and Invoices: Receipts and invoices for all deductible expenses, including advertising, rent, utilities, and travel.
7. Loan Documentation: Documentation for any loans made to or by the corporation, including promissory notes, loan agreements, and mortgage documents.
8. Stock Transfer Records: Documentation for any transfers of corporate stock, including stock certificates and transfer agreements.
9. Previous Tax Returns: Copies of the corporation's previous tax returns, including Forms 1120S and Forms W-2.
10. Payroll Records: Records of all payroll expenses, including Forms 941 and any other payroll-related tax forms.
1. Financial Statements: The corporation's balance sheet, income statement, and cash flow statement.
2. Forms W-2: Forms W-2 for all employees of the corporation, indicating their taxable wages and compensation.
3. Forms 1099: Forms 1099 received by the corporation, including Forms 1099-MISC, 1099-INT, and 1099-DIV.
4. Depreciation Schedules: Depreciation schedules for all corporate assets, including vehicles, equipment, and real property.
5. Receipts and Invoices: Receipts and invoices for all deductible expenses, including advertising, rent, utilities, and travel.
6. Loan Documentation: Documentation for any loans made to or by the corporation, including promissory notes, loan agreements, and mortgage documents.
7. Stock Transfer Records: Documentation for any transfers of corporate stock, including stock certificates and transfer agreements.
8. Previous Tax Returns: Copies of the corporation's previous tax returns, including Forms 1120 and Forms W-2.
9. Payroll Records: Records of all payroll expenses, including Forms 941 and any other payroll-related tax forms.
10. State Tax Returns: Copies of state tax returns filed by the corporation, including state-level forms and schedules.
2. Forms W-2: Forms W-2 for all employees of the corporation, indicating their taxable wages and compensation.
3. Forms 1099: Forms 1099 received by the corporation, including Forms 1099-MISC, 1099-INT, and 1099-DIV.
4. Depreciation Schedules: Depreciation schedules for all corporate assets, including vehicles, equipment, and real property.
5. Receipts and Invoices: Receipts and invoices for all deductible expenses, including advertising, rent, utilities, and travel.
6. Loan Documentation: Documentation for any loans made to or by the corporation, including promissory notes, loan agreements, and mortgage documents.
7. Stock Transfer Records: Documentation for any transfers of corporate stock, including stock certificates and transfer agreements.
8. Previous Tax Returns: Copies of the corporation's previous tax returns, including Forms 1120 and Forms W-2.
9. Payroll Records: Records of all payroll expenses, including Forms 941 and any other payroll-related tax forms.
10. State Tax Returns: Copies of state tax returns filed by the corporation, including state-level forms and schedules.