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After making the appointment with the tax preparer, then what do you do? What information will be needed for one visit? How can I best be prepared to answer all of the questions that might come up in the interview? Use an accountant! Make sure you choose the stability of the accounting firm you select. Not the cheapest one either!
The items you will need to bring to the interview will make your visit cordial and complete. The following items will be needed:
Personal information of everyone on your tax return
Wages and salaries; bring all of your copies of current year W-2 forms
Dependent information and have a folder of documents such as medical records, report cards, or anything else that proves that the dependent lived with you for at least half of the year
Banking information for direct deposit and withdrawal. Your return will be electronically filed for your refund or withdrawal; bring your bank name, routing number and account number
All of the copies of your interest income such as Form 1099-INT or other documents stating interest received
Dividend income; bring copies of your Form 1099-DIV or other documents for dividends received
Business use of home; complete information for your home such as the square footage of your home, how many hours the home was used during the year; any improvements made to the home and/or home office since you’ve began using the home for business
Real estate taxes
Qualified mortgage insurance premiums
Repairs and maintenance
Other related expenses
Miscellaneous income, adjustments and alimony forms such as W-2G; 1099-MISC; 1099-RRB, 1099-SSA, 1099-SA, 1099-LTC, 1099-G and 1098-E
Health Savings Accounts (HSAs), contributions made and distributions received
Itemized medical, prescriptions and dental expenses paid
Itemized mortgage interest and points paid if refinanced
Contributions such as cash, property and/or non-cash donations totaling less than or equal to $500
Estimated federal tax payments you made each quarter
State and city tax payments made each quarter
Be prepared by making a list of any questions you may have. Sometimes there is misleading tax information given and you want to make sure you have the right information from the right tax preparer.
For the most informative and complete information call DBK, your hometown accounting and tax service located in the Bashas’ Shopping Center at Alma School and Riggs Rd. Call 480-895-7888 or visit our website at www.dbktax.com; you will find we have the best and most efficient tax service in the area.