Tax Season Checklist

1. Tax Season Checklist Tax season can be a demanding time for everyone, from small businesses and freelancers to individual filers. Proper preparation is key to ensuring a smooth tax filing process. Use this checklist as your guide through each step, making sure you’ve covered all essential items for your tax filing. Gather Personal Information ● ● Addresses and dates of birth ● Bank account and routing number for direct deposit/refund ● Last year’s Adjusted Gross Income (AGI) for electronic signature Income Documents Social Security Numbers (SSN) for yourself and all dependents W-2 forms from all employers 1099 forms for freelancers and independent contractors Interest statements (Form 1099-INT or Form 1099-OID) Dividend statements (Form 1099-DIV) Sales proceeds from stocks, bonds, etc. (Form 1099-B) Retirement plan distribution (Form 1099-R) Miscellaneous income records (prizes, rent income, etc.) Deduction and Credit Documents ● ● ● ● ● ● ● ● ● ● ● ● ● ● Home mortgage interest (Form 1098) Real estate and personal property tax records Receipts for charitable donations and gifts Medical and dental expense records Educational expenses (Form 1098-T) Student loan interest paid (Form 1098-E) Childcare expenses (provider’s tax ID number required) Health Insurance Information Marketplace coverage (Form 1095-A) Health coverage exemption certificate, if applicable Records of healthcare payments for Premium Tax Credit Tax Forms and Worksheets ● ● ● ● ● Current year’s tax return forms and schedules Worksheets for itemised deductions, if applicable Previous Tax Returns

2. Copies of past tax returns (3-7 years recommended) Bank Account Information ● Account numbers for any account into which you’d like a refund deposited Records for interest paid or earned, if applicable Miscellaneous ● ● Notices from the IRS or other revenue systems, if received Record of estimated tax payments made during the year, if applicable Review and Organize ● ● Review all documents to ensure they are complete and accurate Organize documents by category for easy reference Compile a list of questions or concerns for your tax advisor or software File Taxes ● ● ● ● ● Choose the appropriate filing method for your situation (e-file or mail) Submit tax returns by the due date or file for an extension, if needed Payment ● Schedule payment for any taxes owed, or confirm refund details Follow Up ● ● ● ● Track refund status, if expecting one Store copies of filed tax returns and all relevant documentation securely Plan for any quarterly or future tax adjustments needed Confirm that checks have cleared or payments have been debited Remember, this checklist is a general guide and your tax situation may require additional information. Always consult with a tax professional or IRS resources to ensure that all your tax responsibilities are fulfilled.