If you’re like one of the many million Americans who enjoys peace of mind during tax season by letting a tax preparer in Jamestown, ND handle their filings, you probably already know that a tax filing—even done by a professional—requires a lot of work. More so, it requires a lot of paperwork!
Doing your own taxes may be hard enough, but expecting someone else to do them without providing the proper paperwork is nearly impossible. This is why it’s imperative that you make sure you’re handing over all essential information to your tax preparer when it comes to your yearly return.
Not sure what you’ll need to bring with you when you visit a tax preparer in Jamestown, ND? Take a look at some of the basics, as we as some of the more intricate items that might be dependent on your situation:
- Yours and your spouse’s social security numbers.
- Your past three to four years of returns if you want them checked for accuracy.
- Any W2 or 1099 forms you might have received from employers
- Gambling income documents (W-2G)
- Alimony information
- Healthcare reimbursements
- Monetary awards information
- Retirement income documents (Pension/IRA/SSA)
- IRA contribution paperwork
- Interest and dividend documents from stock holdings
- Proof of income from sale of stock of holdings
- Property acquisition documents
Rental and vehicle information
- Rental asset information
- For expense claims, receipts of all transactions must be provided
The rabbit hole goes even deeper depending on your financial situation and could include a myriad of tax forms specific to income and investments that you may have generated or sold over the past year. This is why so many people visit a tax preparer in Jamestown, ND when it comes time to file each year—the sheer volume of documentation alone can be enough to overwhelm!
It’s important to remember a key thing when you’re gathering up your mountain of paperwork to bring to a tax prep office: your tax preparer doesn’t know you personally, so they’re going to need all of the information they can get when it comes to preparing your taxes on behalf of you! If you’re not providing them with the information they need, they’re not going to be able to do their job in terms of helping you garner the biggest, most complete return.
A final piece of advice for those who will be meeting with a tax preparation specialist during the coming tax season is to call ahead of your appointment and speak to someone about what you might need to bring. Often, they can give you a quick outline of the basics so you’re able to make a list and, can even advise you about any special items you might need based on your situation.
For more information about tax prep or to schedule your appointment this upcoming tax season, contact Craig S. Hanson, CPA at 701-252-6190 today!