Be sure that you have on hand any of the following tax documents or paperwork that you may have received when completing your income tax return:
Form W-2
This is an important form; you need one from each employer you worked for during the tax year. This form shows how much money you made, how much tax was withheld, Social Security and Medicare information, and any contributions you may have made to a retirement plan, medical account, or child care reimbursement. To see a Sample W-2, you can click here.
Form W-2G
If you received gambling winnings over a certain amount during the year, you may receive a Form W-2G. This form will report all gambling winnings and will be sent from the casino or payer of the winnings. You may also deduct gambling losses on the W-2G entry or as an itemized deduction, but you cannot deduct more than your winnings. To see a sample W-2G, you can click here.
Form 1095-A
If you purchased health insurance through the Marketplace, you will receive a 1095-A form. This form allows taxpayers to take the Premium Tax Credit on their return, reconcile the tax return with any Advanced Health Insurance payments the taxpayer may have received, and complete an accurate tax return. To see a sample 1095-A, you can click here.
Form 1098
For homeowners, this form reports tax-deductible mortgage interest. This document, usually from your mortgage company, will contain additional information regarding your home loan, escrow for real estate taxes, and property insurance. If you would like to see a sample 1098, you can click here.
Form 1098-E
The interest on an educational debt or student loan is reported on this form. If you have at least $600 in interest, your lender must send you a 1098-E. You may be able to deduct your student loan interest and other loan-related amounts, like origination fees and capitalized interest. To see a sample 1098-E, click here.
Form 1098-T
The tuition statement is for reporting your tax credits for education benefits on your return from eligible educational institutions for each student enrolled. To see a Sample 1098-T, click here.
Form 1099-INT
Earnings from interest from a bank account or certificate of deposit are reported on this form. Even if you have received the income and don't have it in your hands, reinvested earnings are still taxable. 1099-INT forms are also issued for those who have cashed in savings bonds. To see a Sample 1099-INT, click here.
Form 1099-DIV
This form reports earnings from stocks and mutual funds. It displays both dividends and capital gains over $10. To see a sample 1099-DIV, click here.
Form 1099-B
Income from the sale of stocks, bonds, or mutual funds is reported on a 1099-B form, which your broker or mutual fund company will send. It will display the number of shares sold, when sold, and the amount gained. You'll need this information, along with the date of purchase and the amount you first paid for them, to complete your tax return. To see a Sample 1099-B, click here.
Form 1099-G
You will receive this form if you received a state or local refund (Box 2). If you used those taxes as a deduction last year (Itemized Deductions) for your federal income tax return, you must report the amount on the 1099-G. If you took the Standard Federal Deduction, you will not need to report this information.
If you received or collected unemployment compensation (Box 1), you will receive a separate 1099-G and must report that income as Unemployment Compensation. To see a sample 1099-G, you can click here.
Form 1099-K
If you received payments by credit or debit card, including payments to a PayPal or similar account, you will receive a 1099-K to report the income. The income reported is considered part of the gross receipts of the taxpayer's business income. The income reported on this form should be recorded on the Schedule C of your tax return. To see a sample 1099-K, you can click here.
Form 1099-R
If you received a pension or distribution from a retirement account or plan, the 1099-R displays the details. Issued by your broker, pension plan manager, or mutual fund company, this form is also used if you rolled over money in a retirement plan, like a 401(k), to an IRA or converted a traditional IRA to a Roth IRA. Rollovers are usually not taxable, but pension payouts may be. To see a sample 1099-R, you can click here.
Form 1099-MISC
If you earned more than $600 from a person or company as a self-employed individual, you will receive a 1099-MISC from the individual or company. You will receive a separate 1099-MISC for each independent job you had during the tax year. This income is generally reported on the Schedule C. To see a sample 1099-MISC, you can click here.
Form 1099-NEC
This form will report Non-Employee compensation. This income is generally reported on the Schedule C. To see a sample 1099-NEC, click here.
Form 5498
Contributions made to any individual retirement accounts. To see a sample Form 5498, you can click here.
Schedule K-1
Income received from an estate, trust, partnership, or S-corporation
Additional Information or Documents You Will Need:
Personal Records
- Social Security Numbers (including spouse and children)
- Birth dates (including spouse and children)
- Prior Year tax return (AGI/PIN to 'electronically sign' your return)
Deduction Records
- Medical and Dental Expenses
- Real Estate and Personal Property Tax
- Estimated or Foreign Taxes Paid
- Donations - Cash and Non-Cash
- Unreimbursed Employment-Related Expenses
- Job-Related Educational Expenses
- Child Care Expenses & Provider Information
- Educational Expenses
- Self-Employed Business Expenses