Preparing your tax documents ahead of time is one of the easiest ways to ensure a smooth and accurate filing process. Missing paperwork can delay your return or cause costly errors.
Personal Information Documents
Before filing, make sure you have:
- Social Security cards or ITINs for you and your dependents
- Government-issued photo ID
- Bank account and routing numbers for direct deposit
Income Documents
Depending on your situation, you may need:
- W-2 forms from employers
- 1099-NEC or 1099-MISC forms for contract work
- 1099-INT or 1099-DIV for interest or dividends
- Social Security benefit statements
- Unemployment income statements
Deduction and Credit Documents
Bring documentation for:
- Mortgage interest statements
- Property tax records
- Charitable donation receipts
- Childcare expenses
- Education expenses (1098-T)
- Medical expenses (if applicable)
Small Business and Self-Employed Documents
If you own a business or are self-employed, include:
- Profit and loss statements
- Business expense receipts
- Mileage logs
- Quarterly tax payment records
Why Being Prepared Saves You Money
Having all documents ready allows your tax professional to identify deductions, avoid mistakes, and file efficiently.
BD Tax & Accounting LLC helps clients organize documents and maximize every deduction available. Click here for reliable tax services.