6 Things to bring your tax preparer
Tax season can be a stressful time, but by properly preparing and organizing your documents, you can make the process a lot smoother. Here are six things you should bring to your tax preparer to ensure that your taxes are filed correctly and that you’re taking advantage of all deductions and credits that you qualify for:
- Identification information: Be sure to bring a valid government-issued ID, such as a driver’s license or passport, to your tax preparer. This will be used to verify your identity and ensure that your tax return is filed under the correct name and Social Security number.
- Social Security card: Your Social Security card will be needed to verify your Social Security number. This is an important document that should be kept in a safe place, as it will be needed for a variety of other financial transactions as well.
- Wage statements: Be sure to bring all of your wage statements, including your W-2s and 1099s, to your tax preparer. These documents will show how much income you earned during the year and will be used to calculate your tax liability.
- Property tax statement: If you own property, be sure to bring your property tax statement to your tax preparer. This will be used to calculate any property tax deductions you may be eligible for.
- Additional income statements: In addition to wage statements, be sure to bring any other income statements, such as those for rental income, investment income, or business income, to your tax preparer. These documents will be used to calculate your total income for the year.
- Receipts for deductible expenses: Be sure to bring receipts for all expenses that may be deductible, such as charitable donations, medical expenses, and business expenses. These receipts will be used to calculate any deductions or credits you may be eligible for.
In conclusion, tax season can be a stressful time, but by properly preparing and organizing your documents, you can make the process a lot smoother. By bringing identification information, Social Security card, wage statements, property tax statement, additional income statements, and receipts for deductible expenses to your tax preparer, you can ensure that your taxes are filed correctly and that you’re taking advantage of all deductions and credits that you qualify for. It’s important to consult with a tax professional to determine which deductions and credits you qualify for and how to claim them on your tax return.