Important Documents
Recommended Documents For Financial Meeting
- Bank Statements
- Mortgage Information
- List of Assets
- List of Liabilities
- Wills, Trusts, Healthcare Powers of Attorney
- Copies of all Investment/Retirement Account Statements
- Social Security Statements
- Life, Disability or Long-Term Care Insurance Policies
- Tax Return(s)
- List of Employee Benefits
- Health Insurance Information
- List of monthly
Recommended Documents For Tax Meeting
Bring a copy of the prior years’ tax return with all supporting documents
Income:
- Form W-2 - Wages, salaries and commissions
- Form 1099-INT – Interest Received
- Form 1099-DIV – Dividends received
- Form 1099-G - State and local income tax refunds
- A complete listing of Alimony received
- Form 1099-MISC – Miscellaneous Income (Non-Employee Compensation)
- Schedule of business income and expenses for preparation of Schedule C
- Form 1099-B - Capital gains/losses and information to determine cost basis
- Form 1099-S – Settlement statement – Gain/(Loss) from sale of real estate
- Form 1099-R – Distribution from retirement plans, pension, profit sharing, annuity income and IRA Distributions (Also bring Form 5498)
- Schedule of rental income and expenses for preparation of Schedule E
- Form 1099-MISC – Miscellaneous Income (Rents Received, Royalty Income & other income)
- Schedule K-1 – Partnerships, Estates Trusts or S-Corps
- Schedule of farm income and expenses for preparation of Schedule F
- Form 1099-G Statement of Unemployment Insurance Benefits Paid
- Form SSA-1099 - Social Security Benefit Statement
- W-2G – Gambling Winnings
- Form RRB-1099 – Railroad Retirement Benefits
- If you sold your personal residence, or any real estate property, please bring the following:
the settlement statement from the sale of the property- the settlement statement from the sale of the property
- the settlement statement from the purchase of the property
- a summary listing of property improvements during ownership (We do not need to receipts. Please keep the receipts for your records)
Adjustments to Gross Income:
- Educator expenses
- Health savings account contribution
- Moving expenses
- SEP, Simple and qualified pan contributions
- Health insurance paid by a self-employed individual
- Penalties paid on early withdrawal of savings (CD’s)
- Alimony paid
- Student loan interest paid
- Tuition and fees paid
Deductions & Credits:
- Medical and dental expenses paid
- State and local income taxes paid
- Sales taxes paid
- Real estate taxes paid. Please list by property and provide a copy of the tax bill.
- Form 1098 – Mortgage Interest Statement for each loan and a description of what the loan was for
- Form 1098 or Settlement Statement for Points paid
- Mortgage insurance premiums paid
- Investment interest
- A summary of cash contributions
- A summary of non-cash contributions. If the non-cash contributions exceed $500, we need the following information for each organization a donation was made to:
- Name and address for each organization
- The date of each donation
- The amount being claimed as a deduction
- A description of what was donated
- Casualty or theft losses
- A summary and documentation of gambling losses
- ACA Premium Tax Credit – Form 1095-A
- Child and dependent care expenses. Please include the name, address and tax identification number of the provider
- Adoption expenses
- Form 1098-T – Education Credits
- Foreign taxes paid - They should be listed on Form 1099-INT and/or Form 1099-DIV
Estimated Payments Made:
- Please bring a list of payments made to each federal, state and local agency detailing:
- The amount paid
- The date paid
- The check number for each payment