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Getting Ready for Your Tax Return

In order to serve your more efficiently, Taxing Times offers an electronic documentation organizer that you may use to gather and submit your tax information.

To use this valuable service, please email us at r.wion@comcast.net and we will email the Electronic Documentation Organizer back to you.

Pre-Appointment Checklist

In order to make your appointment more efficient, please be sure to organize and bring any relevant paperwork you may have from the list below:

• W-2 forms from each employer you had during 2009
  
• Interest and dividend income 1099 Forms (1099-INT and 1099-DIV)
• 1099-R forms for pension and retirement income
• 1099 from Social Security (if you are receiving benefits)
• 1099 from state unemployment fund (for benefits paid to you)
• 1099-MISC for compensation paid as an independent contractor, executor, trustee, for commissions, or jury duty.
• 1099-B for the sale of securities
• 1099-S for the sale of real estate
• 1099 for state tax refunds, gambling winnings, or lottery proceeds
• Your personal records regarding rental income and expense
• Alimony paid or received, including social security number of recipient
• Records of the purchase and sale of a personal residence, including the forms given at the time of closing.
• Cost records for improvements made during ownership are still valuable.
• Summary of medical and dental expenses paid in 2009. The amount of reimbursements from insurance is also needed.
• Real estate taxes paid in 2009
• Form 1098 for mortgage and home equity loan interest
• Schedule of estimated taxes paid for federal, state, and local (where applicable) taxes
• Summary of charitable donations, including cash, checks, and items given in kind. When property donated exceeds $500, an itemized list is necessary. You can organize your donations with the following worksheets:
  Contributions-Non Cash Donations Page 1 and Contributions-Non Cash Donations Page 2 (PDF Format)
• Job-related expenses for educational purposes, job hunting and out-of-pocket expenses related to your employment (union dues, special work clothing, tools, or supplies).
• Log book for business use of automobile.
• Receipts for travel, lodging, and meals while on business.
• Child-care expenses and provider information. The tax identification number for the provider is required.
• Information on IRA contributions made or to be made for 2009.
• Information on educational expenses for tax credits.
• New dependents will need a social security number. Be sure you have applied for the number for all children born in 2008 and 2009.
• Schedules K-1 from partnerships, S corporations, trusts, and estates for which you received distribution in 2009. These documents have varied delivery due dates (S-Corps 3/15/10 and Partnerships 4/15/10). If you received a distribution in 2009 from any of the above, the K-1 will be necessary to finalize your personal return.
• Summary of moving expenses (if eligible-call the office for more information)
• Records regarding vehicles purchased or leased during the year for which you are claiming business expenses.
• Summary of casualty loss (fire, theft, natural disaster)

Additional Documentation

If you can answer yes to the following questions, you should bring the appropriate additional documentation with you:

• Did you pay interest on higher education loans?
• Were there any births, adoptions, divorces, marriages, or deaths in your household in 2009?
• Did you convert a traditional IRA to a Roth IRA?
• Did you receive tips?
• Did you receive a notice from the IRS (or state or local tax agency where applicable) on your 2008 tax return?
• Did you receive any bartering income?
• Did you receive installment payments on property sales in 2009?
• Did your children (those under 14 years of age) receive interest and dividend income in 2009?
• Did you support anyone other than your own children?
• Did you make gifts to any one individual (other than your spouse) that exceeded $11,000 in 2009?
• Do you have a foreign bank account?
• Did you refinance your mortgage in 2009?
• Did you pay points to purchase a home or refinance your mortgage in 2009?
• Did you receive non-taxable sick pay?
• Did you have household employees in 2009?
• If you didn't receive a W-2 form from a previous employer, do you have the final pay stub from that employer?
• Did you receive proceeds from a lawsuit or class action?