Getting your tax documents together to send to your tax preparer can be overwhelming, but we can help!  One of the most common questions we are often asked is, “What documents are needed for individual tax returns?”.

Below is a list of some basic information your tax preparer will need, along with some of the most common documents one might receive. This is a simple overview of the most common documents needed for tax season, but remember, everything listed may not apply to you. If you would like a more thorough checklist, reach out to us and we can send one to you! 

Basic Information

  • Full Legal Name, Spouse’s Full Legal Name, Social Security Numbers and Birthdates
  • Same info for your children 
  • Your Email Address and Spouse’s Email Address (each individual needs a unique email address, per the IRS for e-signature guidelines)
  • Checking or Savings Account info – Routing number, account number, and account type (if you are doing direct deposit)

Common Forms (this is not a complete list)

  • W2’s
  • W-2-G – Gambling Income
  • Schedules K-1 – Share of Income, Deductions and Credits
  • 1099’s (there are many different types of 1099’s. Send everything you receive and let us know if you are expecting additional forms) Some examples Include:
    • 1099-B – Stock/Mutual Fund Transactions
    • 1099-R – IRA Distributions
    • 1099-G – Unemployment, State and Local Refunds
    • 1099-MISC – Rents, Royalties and Other Income
    • 1099-NEC – Independent or Contract Work
    • 1099-INT – Interest Income
    • 1099-DIV – Dividends
    • 1099-B – Stock Sales
    • 1099 Composite – Investment Income
    • 1099-S (if you sold a home)
    • 1099-SA – HSA Distributions
    • SA-1099 – Social Security Benefit
  • 1095-A, -B, -C – Health Insurance Documentation
  • 1098 – Mortgage Interest
  • 1098-T – Tuition Paid
  • 1098-E – Student Loan Interest
  • 5498 – IRA and HSA Contributions

Other Helpful Information/Documentation

  • Alimony Received
  • Rental Property Income and Expenses
  • Business Income and Expenses
  • Any Letters or Communication from the IRS
  • Child Care Expenses
  • Teacher Expenses
  • Medical/Dental Expenses
  • Charitable Donations
  • Real Estate Taxes Paid
  • Other Income and Expenses
  • 1040-ES – Summary of Estimated Tax Payments Made
  • IRS Notice 1444 or other records showing economic stimulus payments
  • Advance Child Tax Credit Payments Received
  • Identity Protection PIN (if issued by the IRS)
  • New Clients should send the previous 2 years State and Federal tax returns.

This is not an exhaustive list of everything you may receive and need to submit to the IRS, but this should give you a general idea of what your tax preparer will need from you.

All documents can be submitted through our secure client portal.  Find more information regarding our NEW client portal HERE!

If you have any questions or need further assistance, don’t hesitate to reach out to us at 248-934-0550.

 

Filing a Tax Extension

It is not uncommon to need more time to file your individual tax return. The IRS has made it possible to file your own tax extension.

Senter, CPA Guide to Review and E-Signing Your Tax Return

As tax season approaches, we understand the importance of making the process as smooth as possible for our clients. At Senter CPA, we leverage cutting-edge technology to simplify the review and e-signing of your tax return through UltraTax and the Onvio portal. Follow this step-by-step guide to ensure a seamless experience

Traditional vs. Roth IRAs

Saving for retirement can be a daunting task. Here at Senter CPA we can help you make some of those retirement decisions.

Making Your Federal & State Income Tax Payments

Paying your federal and state income taxes has never been more convenient, with online options available through various platforms

Common Tax Documentation

Getting your tax documents together to send to your tax preparer can be overwhelming, but we can help! One of the most common questions we are asked is, “What documents are needed for individual tax returns?”

Senter, CPA Individual Tax Return Process

Senter, CPA Tax Return Process for the 2023 tax season. Here is what to expect from the Senter Team.

QuickBooks 2024 Update

While this updated version does have some exclusive features to Enterprise users, the majority will be accessible to all Quickbooks subscription levels in order to help everyone improve your business’ accounting processes.

Beneficial Ownership Information Reporting, what is it?

There is a new reporting requirement beginning January 1st, 2024, and most businesses are now required to report. What is the beneficial ownership information report, or BOI?

2023 Senter, CPA Year in Review

Here at Senter CPA we had an incredible 2023. We’ve been busy assisting clients, contributing to our communities, and growing our team. We’ve added one full time TEAM member to our team who has greatly strengthened our service and capabilities. We’re looking forward to a wonderful 2024 tax season.

Signing your Individual (1040) Engagement Letter

The team at Senter, CPA, P.C. is ready to kick of the new tax season. Any of last year’s clients will receive an email with the subject “Tax Year 2023 Organizer Documents to Sign”.

If it is your intention to have Senter, CPA provide tax preparation services for the 2023 tax season, you must sign your Engagement Letter.

Contact Us

11 + 10 =