Tax Day Is Coming , Get Ready With These Tips

Have These Forms Ready To File. It will Make It All Easy For Everyone.

Forms:

• Student loan interest
• IRA contributions
• Medical Savings Account (MSA) contributions
• Moving expenses  (Military)
• Educator expenses
• Self-employed health insurance payments
• Energy credits
• Alimony paid that is tax deductible
• Keogh, SEP, SIMPLE and other self-employed pension plans
• State and local income taxes paid
• Real estate taxes paid
• Personal property taxes paid (vehicle license fee based on value)
• Estimated tax payment made during the year, prior year refund applied to current year, and any amount paid with an extension to file.
• Direct deposit information: routing and account numbers
• Foreign bank account information: location, name of bank, account number, bank statement throughout the year 

Tax Deduction  Documents:

• Medical and dental expenses
• Advance Child Tax Credit payment
• Child care costs: provider’s name, address, Tax ID, and amount paid
• Education cost: forms 1098-T, education expenses
• Adoption costs: SSN of child, legal, medical, and transportation costs
• Home mortgage interest and points you paid  (Forms 1098)
• Investment interest expense
• Charitable donations: Cash amounts and value of donated property, if vehicle miles driven, and out-of-pocket expenses
• Casualty losses (declare by national emergency):  amount of damage, insurance reimbursement