Smart Tax Acct & Professionals INC.
24446 Pennie St
Dearborn Heights, MI 48125
CELL: 770 882 8311
Email:
Taxpayers,
PLEASE SUBMIT TO MAXIMIZE TAX RETURN:
GO VISIT WEBSITE:www.smarttaxnetwork.com
IF YOU HAVE A PRIOR YEAR TAX LIABILITY OR MAKING PAYMENT PLANS PLEASE PUT AMT.___________________________
If you want to maximize your tax dollars please have all necessary information relevant to your tax situations.
DEPENDENTS:
Name-AS APPEARS ON SOCIAL SECURITY CARD
Social Security #
Birthday (month/day/year)
School name
Occupation
Driver license: Number, Expiration/Issue Date
2 TELEPHONE NUMBERS: CELL/ WORK
OTHER INFORMATION NEEDED:
PRIMARY TAXPAYER-Name, Social Security#, Birthday (Month, Day, Year)
Bank Acct(Routing & Bank Acct and Bank name
Email address
Name, address, phone numbers (2), city, state, zip code
Rental Information: Landlord name, address, city, state, phone number.
INCOME:
- W-2s from your employers
- 1099-MISC Forms for self-employment income (spreadsheet, notebook, any written document).
- 1099-INT (interest) and 1099-DIV (dividends) forms,
- 1099-B forms showing brokerage trades in stocks and bonds,
- K-1 forms for income from a partnership, small business, or trust,
- 1099-SSA form showing Social Security received
- 1099-R -Retirement Distribution (IRA, TRADITION, SEP, ROLLOVERS, CONTRIBUTIONS)
- 1099-DIV-Dividend Statements
- 1099-INT-Interest Statement
- 1099-G -Unemployment
- 1099-WG-Gambling Winnings Statement/Gambling losses
- Other Income- Proof of jury duty pay, alimony, monies received for performing services
- Record of income and expenses for your rental property
- Record of income and expenses for your self-employment
- If you paid estimated taxes, bring a summary of your federal and state estimated payments and canceled checks.
OTHER TAX DOCUMENTS:
- 1099-A HUD-1 Escrow statement for property you bought or sold,
- 1098-T Statement of educational expenses (college tuition)
- 1098-E Statement of student loan interest paid
- 1098-Mortgage Interest Statement
- 1099-C-Cancellation of Debt
OUT OF POCKET EXPENSES
- Summary of your child care, day care, or adult day care expenses (Provider or Individual).
- Real Estate Taxes Paid
- Health care expenses (doctors, dentist, health insurance, eye care, medicine, cost of prescription)
- Gifts to charity: Car donation,
- Tax preparation fees, churches expenses
- Job -related expenses (union dues, job education, uniforms, shoes etc)
- Dry cleaning fees
- Loss of property due to casualty or theft
- Car registration fees
- Home Repair-Cost, labor paid.
BUSINESS EXPENSES:
Which ones will be applicable to your business?
- Accounting/bookkeeping, and financial consulting fees
- Advertising expenses
- Automobile expenses (only the percent that is used for business)
- Bank service charges and fees
- Books and periodicals
- Business/trade conventions
- Business gifts (annual limit of $25 per recipient)
- Business meals (50% is deductible)
- Coaching fees, if related to your business
- Computer, printer, and software (if used over 50% for the business)
- Consultant fees
- Depreciation and amortization
- Dues for professional and trade associations
- Education expenses for maintaining or improving required skills
- Email, Internet access, and web hosting services
- Fax machine
- Insurance expense
- Legal and attorney fees
- License fees and taxes
- Merchant account or credit card processing fees
- Office furniture and equipment
- Office supplies
- Online services used for the business
- Parking and tolls
- Postage and shipping
- Printing and duplication
- Self-employment taxes
- Start-up expenses (amortized over 60 months)
- State and local business taxes
- Preparation of business tax return
- Telephone expense (only for a separate business line)
- Travel expenses
- Business set ups
- Business license
- Supplies
- Home use for Business- A room dedicated to office usage. Square footage
- OUT OF POCKET EXPENSES
NEW CLIENTS:
Gather the Following Documents Before I Work on Your Tax Return
If you have someone prepare your tax return, bring the documents to your preparer to make sure your tax return is prepared correctly.
- Social Security cards, a Social Security number verification letter, or other U.S. government document verification for all persons you may list on the return.
- Birth dates for all persons you may list on return.
- Copies of last year's federal and state returns, if you have them.
- All income statements: Forms W-2 and 1099, Social Security, unemployment and other statements, such as pensions, stocks, interest and any documents showing taxes withheld. If you own or run a business or farm, collect records of all your income.
- All records of expenses, such as tuition, mortgage interest, or real estate taxes paid. If you own or run a business or farm, collect records of all your expenses.
- Bank routing numbers and account numbers to direct deposit any refund.
- Dependent child care information: name and address of paid caretakers and either their Social Security number or other tax identification number.
- If you purchased coverage through the Health Insurance Marketplace, Form 1095-A, 1095C Health Insurance Marketplace Statement.