What Do I need to File?
The tax code can be absolutely overwhelming but here at 10 Tax Services we’re here to make tax preparation easier. Since everyone’s situation is different feel free to use this list of items to gather the things that apply to your life/tax situation. All the following documents are either required from the tax agency or will minimize your tax liability. The types of deductions you can take depend a lot on your life situation. It’s likely you won’t need all of the documents listed below for your taxes. If you have further questions or would like to make an appointment reach out to us. We would be glad to help.
Use the checklist below to find the tax documents and forms you'll need to get started.
Individual/spouse/RDP
All taxpayers will need the following to do their taxes.
1. Your social security number or tax ID number
2. Your spouse’s full name, social security number or tax ID number, and date of birth
3. Identity Protection PIN for you, your spouse, or your dependent if necessary
4. Would you like a direct deposit for your refund or pay your balance due? Please include routing and account numbers
Dependent(s) Information
1. Dates of birth and social security numbers or tax ID numbers
2. Childcare records/receipts (including the provider's tax ID number) if applicable
3. Income of dependents and of other adults in your home
4. Form 8332 showing that the child’s custodial parent is releasing their right to claim a child to you, the noncustodial parent (if applicable)
5. IRS Letter 6419 has been sent out to families who received the Child Tax Credit in 2021 and it explains how the advance tax credit will affect your filing this year.
Sources of Income
1. Forms W-2
2. Unemployment or State Refunds (1099-G)
3. Forms 1099, Schedules K-1, income records to verify amounts not reported on 1099-MISC or new 1099-NEC
4. Records of all expenses — check registers or credit card statements, and receipts
5. Business-use asset information (cost, date placed in service, etc.) for depreciation
6. Office in home information, if applicable
7. Record of estimated tax payments made (Form 1040–ES)
8. Records of rental income and expenses
9. Rental asset information (cost, date placed in service, etc.) for depreciation
10. Pension/IRA/annuity income (1099-R)
11. Traditional IRA basis (i.e., amounts you contributed to the IRA that were already taxed)
12. Social security/RRB income (SSA-1099, RRB-1099)
13. Interest, dividend income (1099-INT, 1099-OID, 1099-DIV)
14. Income from sales of stock or other property (1099-B, 1099-S)
15. Dates of acquisition and records of your cost or other basis in property you sold (if basis is not reported on 1099-B)
16. Health Savings Account and long-term care reimbursements (1099-SA or 1099-LTC)
17. Expenses related to your investments
18. Record of estimated tax payments made (Form 1040–ES)
19. Transactions involving cryptocurrency (Virtual currency)
20. Gambling income (W-2G or records showing income, as well as expense records)
21. Jury duty records
22. Hobby income and expenses
23. Prizes and awards
24. Trust income
25. Royalty Income 1099–MISC
26. Any other 1099s received
27. Record of alimony paid/received with ex-spouse’s name and SSN
Types of Deductions
1. Forms 1098 or other mortgage interest statements
2. Real estate and personal property tax records
3. Receipts for energy-saving home improvements (e.g., solar panels, solar water heater)
4. All other 1098 series forms
5. Cash amounts donated to houses of worship, schools, other charitable organizations
6. Records of non-cash charitable donations
7. Amounts of miles driven for charitable or medical purposes
8. Amounts paid for healthcare, insurance, and to doctors, dentists, and hospitals
9. Form 1095-A if you enrolled in an insurance plan through the Marketplace (Exchange)
10. Fees paid to a licensed day care center or family day care for care of an infant or preschooler
11. Amounts paid to a baby-sitter or provider care of your child under age 13 while you work
12. Expenses paid through a dependent care flexible spending account at work
13. Forms 1098-T from educational institutions
14. Receipts that itemize qualified educational expenses
15. Records of any scholarships or fellowships you received
16. Form 1098-E if you paid student loan interest
17. Receipts for classroom expenses (for educators in grades K-12)
18. Amount of state and local income or sales tax paid (other than wage withholding)
19. Invoice showing amount of vehicle sales tax paid and / or personal property tax on vehicles
20. Form 5498-SA showing HSA contributions
21. Form 5498 showing IRA contributions
22. All other 5498 series forms (5498-QA, 5498-ESA)
23. Federally Declared Disaster City/county you lived/worked/had property in
a. Records to support property losses (appraisal, clean-up costs, etc.)
b. Records of rebuilding/repair costs
c. Insurance reimbursements/claims to be paid
d. FEMA assistance information
e. Check the FEMA website to see if your county has been declared a federal disaster area