What items do I need to file my taxes? Make sure you bring:

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Whether you choose to have us prepare your tax return remotely, or you meet with Modern Tax Solutions professionals, here is a detailed list of items that will be important when we complete your tax return.

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Personal Information

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• Your driver’s license or other federal ID with picture

• Your social security card with your number or tax ID number

• Your spouse’s full name and social security number or tax ID number

 

Dependent(S) Information

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• Dates of birth and social security numbers or tax ID numbers

• Childcare records (including the provider’s tax ID number) if applicable

• Income of other adults in your home

• Form 8332 showing that the child’s custodial parent is releasing their right to claim a child to you, the noncustodial parent (if applicable)

 

Income Sources

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• Employed

  • Forms W-2 or pay-stub for W-2 download 

• Unemployed

  • Unemployment income, state tax refund (1099-G)

• Self-Employed

  • Forms 1099-MISC, Schedules K-1, income records to verify amounts not reported on 1099s

  • Records of all expenses – check registers or credit card statements, and receipts

  • Business-use asset information (cost, date placed in service, etc.) for depreciation

  • Office in home information, if applicable

  • Record of estimated tax payments made (Form 1040ES)

  • Auto loan or lease if vehicle used for business 

• Rental Income

  • Records of income and expenses

  • Rental asset information (cost, date placed in service, etc.) for depreciation

  • Record of estimated tax payments made (Form 1040ES) 

• Retirement Income

  • Pension or Retirement income/IRA/annuity income (1099-R)

  • Traditional IRA basis (i.e. amounts you contributed to the IRA that were already taxed)

  • Social security/RRB income (1099-SSA, RRB-1099) 

• Savings & Investments or Dividends

  • Interest, dividend income (1099-INT, 1099-OID, 1099-DIV)

  • Income from sales of stock or other property (1099-B, 1099-S)

  • Any cryptotax currency transaction information (purchase or redemption)

  • Dates of acquisition and records of your cost or other basis in property you sold (if basis is not reported on 1099-B)

  • Health Savings Account (HSA) and long-term care reimbursements (1099-SA or 1099-LTC)

  • Health Savings Account (HSA) or Medical Savings Account (MSA) distributions – 1099-SA

  • Expenses related to your investments

  • Record of estimated tax payments made (Form 1040ES) 

• Other Income & Losses

  •  Lottery or Gambling income/losses (W-2G or records showing income, as well as expense records)

  •  Jury duty records

  •  Hobby income and expenses

  •  Prizes and awards

  •  Trusts

  •  Royalty Income 1099 Misc.

  •  Any other 1099s received

  •  Record of alimony paid/received with Ex-spouse’s name and SSN 

 

Deductions

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• Real Estate/Home Ownership

  • Forms 1098 or other mortgage interest statements

  • Real estate and personal property tax records

  • Receipts for energy-saving home improvements

  • Repayment of the First-Time Home-buyer Credit – Form 5405

  • All other 1098 series forms 

• Charitable Donations

  • Cash amounts donated to houses of worship, schools, other charitable organizations

  • Records of non-cash charitable donations

  • Amounts of miles driven for charitable or medical purposes 

• Medical Expenses

  • Amounts paid for healthcare insurance and to doctors, dentists, hospitals 

• Health Insurance

  • Form 1095-A if you enrolled in an insurance plan through the Marketplace (Exchange)

  • Form 1095-B and/or 1095-C if you had insurance coverage through any other source (i.e. an employer, insurance company, government health plan such as Medicare, Medicaid, CHIP, TRICARE, VA, etc.)

  • Marketplace exemption certificate (ECN) if you applied for and received an exemption from the Marketplace (Exchange) 

• Childcare Expenses

  • Fees paid to a licensed day care center or family day care for care of an infant or preschooler.

  • Wages paid to a baby-sitter.
    Don’t include expenses paid through a flexible spending account at work. 

• Educational Expenses

  • Forms 1098-T from educational institutions

  • Receipts that itemize qualified educational expenses

  • Records of any scholarships or fellowships you received

  • Form1098-E if you paid student loan interest 

• Job Expenses & Tax Prep Fees

  • Employment related vehicle expenses (tolls, mileage, gas, maintenance, license, property tax, interest expense, parking)

  • Receipts for classroom expenses (for educators in grades K-12)

  • Employment-related expenses (dues, education, publications, tools, uniform cost and cleaning, travel)

  • Job-hunting expenses

  • Record of moving expenses not reimbursed by employer

  • Amount paid for preparation of last year’s tax return 

• State & Local Taxes or Sales Tax

  • Amount of state/local income tax paid (other than wage withholding), or amount of state and local sales tax paid

  • State refund amount – 1099-G

  • Invoice showing amount of vehicle sales tax paid 

• Retirement & Other Savings

  • Form 5498-SA showing HSA contributions

  • Form 5498 showing IRA contributions

  • All other 5498 series forms (5498-QA, 5498-ESA) 

• Federally Declared Disaster

  • City/county you lived/worked/had property in

  • Records to support property losses (appraisal, clean-up costs, etc.)

  • Records of rebuilding/repair costs

  • Insurance reimbursements/claims to be paid

  • FEMA assistance information

  • Check FEMA site to see if my county has been declared a federal disaster area 

• Last Year’s Federal and State Tax Returns