2018 Tax Checklist

Tax season should be a time to rejoice over your accomplishments from 2017, not a time to be stressed. Use this checklist to streamline your filing process.

Personal Information

  • Your Social Security number (for you and your spouse and dependents, if applicable) and your employee identification numbers (EIN) for any business assets.
  • Copies of last year's tax return for you and your spouse (helpful, but not required)
  • Bank account number and routing number, if depositing your efund directly into your account

Income Information

  • W-2 Forms and 1099 Forms for 2017
  • 1099-R, Form 8606 for payments/distributions form IRAs or retirement plans
  • 1099-C forms for cancellation of debt

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 babysitter.

Charitable Contributions

  • Cash amounts donated to houses of worship, schools, other charitable organizations
  • Records of non-cash charitable donations
  • Mileage driven for charitable purposes

Medical Expenses

  • Total amount paid for health care insurance and expenses; along with itemized receipts
  • Health Insurance
  • Form 1095-A if you enrolled in an insurance plan through the Marketplace
  • Form 1095-B and/or 1095-C if you had insurance coverage through any other source
  • Marketplace exemption certificate (ECN) if you applied for and received an exemption from the Marketplace

Self-Employment and/or Business Information

  • Form 1099-MISC
  • Schedule K-1
  • Income records to verify amounts paid if not reported on a 1099-MISC
  • Records of all expenses paid in 2017 related to your self-employment business
  • Business-use asset information (cost, date placed in service, etc.) for depreciation purposes
  • Home office expenses

Retirement Information

  • Total amount you contributed to qualified plans for 2017
  • Total value of your retirement accounts as of Dec. 31, 2017
  • Pensions, IRA, and other retirement income (Form 1099-R)
  • Social Security income

Rental Income

  • Records of income and expenses paid in 2017
  • Rental asset totals – cost, date placed in service for depreciation determination.
  • 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
  • Invoice showing amount of vehicle sales tax paid

Financial Information

  • Your bank account and routing number
  • A list of taxes you paid the previous two years: including property taxes, state and local taxes and any estimated taxes payments you made
  • Educational Expenses
  • Forms 1098-T from educational institutions
  • Receipts that itemize qualified educational expenses
  • Records of any scholarships or fellowships you received
  • Form 1098-E if you paid student loan interest
  • Gambling income (W-2G)

Job Expenses

  • 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, publications, tools, uniform cost and cleaning, travel)
  • Job-hunting expenses
  • Record of moving expenses not reimbursed by employer

Other Information

  • Annual credit card statements to categorize expenses, charitable donations and business costs.

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