Here is a basic checklist that will aid you in gathering your tax documents for your 2022 tax return.

• If you are a new client, a copy of your 2021 tax return
• Any notices and correspondence you received from the IRS, state or local tax authority
• If you are a new client, I will need to make a copy of your social security card, and driver’s license
• If you are a new client, I will need copies of social security cards for all adults and birth certificates for all dependents
• If you had a new baby, I will need a copy of the social security card and birth certificate
• Physical address (especially if you moved), telephone number and email address

INCOME

• All 2022 W2s received for you and your spouse if you are filing jointly
• Form 1099-INT, 1099-DIV, 1099-B (all pages), 1099-S
• K1s from partnerships, S corps, trusts
• Statements of distributions from retirement accounts (Form 1099-R)
• Statements of income from Social Security (Form 1099-SSA)
• Any Cancellation of Debt reported on 1099-C or 1099-A
• Records of other income which could include: unemployment, state tax refunds, gambling income & losses, spousal support/alimony received, jury duty, hobby income/expenses, prizes and awards
• Closing documents (the final HUD settlement statement) on any real estate transaction you had during 2022
• If you bought/sold virtual currency, provide purchase/sale date, purchase/sale price and the tax statements they provide.
• Provide details if you have foreign bank accounts, foreign retirement accounts or own land in a foreign country.
• Unemployment tax document

DEDUCTIONS

• Any spousal support/alimony you PAID in 2022, including the social security number of the recipient. Copy of your alimony agreement.
• Health Savings Account contributions and distributions, Form 1099-HSA and 5498-HSA
• Traditional IRA or Roth IRA contributions/year-end values reported on Form 5498 or December 2022 statement
• Health insurance information: did you purchase in the market place, employer provided, did you have health coverage all year? Please provide Form 1095-a, 1095-b, or 1095-c you received. You may need to login to your Healthcare.gov to download your 1095.
• Colleges attended, tuition, books/supplies/equipment, fees paid and Form 1098-T for all members of the family
• Student loan interest paid and Form 1098-E
• Details of estimated tax payments paid to IRS and state taxation authorities

BUSINESS, RENTAL AND FARM INCOME

• A copy of QuickBooks if you use this software to keep your business bookkeepi
• All income/expenses if you use some other method of bookkeeping (Balance Sheet, Income Statement and General Ledger or Excel)
• Copies of 2022 business bank statements if you have not reconciled your checking account
• Any 1099-MISC and 1099-K received for your business
• Records of all major purchases of $500 or greater for machinery, equipment, and furniture. Include date of purchase and item description
• Inventory records (beginning and ending inventory) and purchases
• Mileage logs for 2022. Include both total business and total miles you drove between January 2022 and December 2022 and your beginning and ending odometer readings.

***IF YOU RECEIVED PPP LOANS AND THEY WERE FORGIVEN, PLEASE PROVIDE THE DOCUMENTATION. IF YOU RECEIVED AN EIDL GRANT LOAN, PROVIDE DOCUMENTATION

ITEMIZED DEDUCTIONS

• Medical expenses including co-pays, prescriptions, dentists, eye doctors, hospital, medical mileage
• Health insurance if paid out of pocket
• Long term care insurance premiums
• Mortgage interest paid Form 1098
• Real estate taxes if not included on Form 1098
• Personal property taxes
• State and local income taxes paid in addition to amounts withheld on pay checks
• Investment interest expenses including margin account interest and interest on investment property
• Total cash contributions to charitable organizations
• Records of non-cash charitable contributions including date and value of donated property
• Total volunteer miles driven in 2022
• Details of casualty theft or loss

CREDITS

• Dependent care expenses including amount paid, provider’s name, address, telephone and tax id number
• Adoption expenses if you adopted or finalized an adoption in 2022
• Residential energy credits including costs for solar panels, geo-thermal and other energy efficient improvements like windows and doors
• If you received a First Time Homebuyers Credit in prior years, please make sure I have records of the original purchase and any correspondence from the IRS regarding the credit
• If you qualify for the Earned Income Credit, I will need a copy of your children’s report card (other documents are acceptable also) as part of the documentation requirements. Additional documentation may be required if you also have a Schedule C business

I will also need the following signed documents:

• Engagement letter for personal tax return [Download]
• Client consent: [Download]
• If applicable, Engagement letter for business tax return [Download]

Additional resources that may help you:

• The Fair Market Value Guide for donations [Download]
• Rental Property Worksheet [Download]