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Meeting Checklist
This is also available as a
printable form here.
W-2's
One for each job worked at.
Form 1099-INT
and Form 1099-DIV
These forms are issued for each account that pays
you interest or dividends. This includes banks, brokerage firms, and
even tax-exempt interest (which must be listed even though not taxable).
Other 1099's
Real estate sales are listed on Form 1099-S.
Stock sales are listed on Form 1099-B. Foreclosures are listed
on Form 1099-A. Social Security is listed on Form 1099-SSA.
Unemployment, state tax refunds, and gambling winnings also are reported
on Forms 1099.
Form 1098
This form reports interest you paid on your mortgage.
Commercial lenders must use this form. Private lenders do not. If you
have a private lender, you will need your payment book or a statement
from your lender.
Partnership Forms
K-1
These forms usually arrive late in the tax season.
We want to see you well before they arrive so that we can have everything
ready to go. All you need to do is drop off, fax, or mail the K-1.
Purchase or Refinance
Paperwork
If you buy a home or refinance one, we need the settlement,
or escrow, statement. If you are not sure which one that is, bring the
entire packet. If you sold property, we need the sale and original purchase
information.
Stock Sales
If you sold stock during the year, we need the original
cost! Please be sure you have the "buy" slip for each stock
sold. If it is a mutual fund, we need the year end statement for each
year of ownership (unless the company sends you a breakdown of the average
cost per share).
Business Purchases
If you purchased new equipment or vehicle[s] for
your job or business, bring the contracts or receipts.
Estimated Tax
Payments
Look up the actual date paid and amount for each
quarter. The January 2000 payment is for your 1999 income tax, and the
January 1999 payment went on your 1998 return.
Mileage
You must have some kind of a log. For 1999, there
are two different rates for deducting business miles. Therefore your
mileage (total miles driven and business miles included in that total)
must be recorded in two separate time periods: January 1-March 31 and
April 1-December 31. If your car is on lease we need a full listing
of expenses; including gas, oil, insurance, lease payments, license,
repairs, as well as a list of personal and business miles.
Sale of a House
Bring in the closing Escrow statement for the purchase
and the sale of the house, and an itemized list of any capital improvements
on the home.
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