Teders Tax - Individual Checklist

Organizer Checklist for Individuals

Please bring the following items in:

A copy of your 2009 and 2010 income tax return, if we did not prepare it
Real Estate Property tax statements
All W-2, W-2G, and 1099 Forms, and all other income sources, including Social Security and Unemployment
Year End Brokerage statements showing buy and sell transactions for stocks, bonds, etc.
Schedule K-1 from Partnerships, S Corporations, Estates, and Trusts
Childcare: bring name, address, ID #, phone # of provider, and amount paid per child
Forms 1098 for mortgage interest
Any tax notices sent to you by the IRS or the State
A voided check for your refund to be Direct Deposited
Information regarding payments to household workers

In addition, bring information if any of the following items applies:

Deferred a 2010 IRA distribution to be taxed in 2011 and 2012
Make or receive alimony payments
Payments received on prior year installment sale
Rental or royalty income
Tax exempt interest, disability payments, or other non-taxable income
Foreign taxable income or foreign tax
Receive stock options or grants from your employer, or exercise stock options
Contribute to, withdraw from, or rollover a Keogh, IRA, or Roth IRA
Any type of prize, award, legal settlement, tips, gambling winnings, or jury duty fees
Buy or sell any property: Bring in your closing escrow statement (HUD-1) and Forms 592-B, 593-B, or 3528A (first home credit)

Did you or your dependent attend any post secondary education classes
Tuition fees (Form 1098-T) and expenses for books, computers, supplies, and any required class fees
Use your 529 plan for education expenses
Pay student loan interest

Increase employees from 2010: Bring in payroll records for 2010 and 2011
Pay health insurance for employees: Bring in amounts paid for each employee
If you are claiming deductions for travel, entertainment, business gifts: you must substantiate by adequate records, including: (1) Amount, (2) Time and place, (3) Date and description of gift, (4) Business relationship, and (5) Business purpose.
Use your car for business: You must maintain a mileage log!
Mileage log must be subtotaled Jan-June and July-December due to different rates
Use a portion of your home as an office
Start, sell, or dissolve a business
Acquire new or additional interest in a partnership, LLC, or S-Corp
Purchase or dispose of assets used in business
Engage in any bartering transactions

Are you repaying the 2008 home loan credit?
COBRA insurance subsidy payments
Job related move: Bring moving expenses
Purchase a vehicle: Please bring in your Purchase Agreement Contract
Refinance your home loan, or acquire a equity line of credit: Bring in your final closing settlement statement (HUD-1)
Did you give any gifts of more than $13,000 to any individual?
Do you wish to make voluntary California contributions to certain charities?
Purchase any items online, by phone, by mail, or out of state, and no California sales tax was charged on it
Purchase gasoline, fuel, etc. for a non-highway vehicle?
Contributions to or distributions from a Health Savings Account (HSA): Bring in forms 1099-SA and 5498-SA
Debt relief, short sale, foreclosure, or debt forgiveness: Bring in 1099-A and/or 1099-C
Rent your primary residence for at least 6 months
Was there $10,000 in a foreign account at any time during the year?
Did you create a trust? Living Trust?
Bankruptcy: bring final discharge paper
Purchase energy-efficient property for energy credit