What documents do you need for tax return

Do you need to submit a return? The types of deductions you can take depend a lot on your life situation. It’s likely you won’t need all of the records listed below for your tax documents checklist.

They normally already have that info available from social security. His tax return for the year before and his tax slips from his employers, and anything that he got paid for or received an income from.

You need a copy of his tax return. Income documentation. The first piece of information you’ll need to start preparing your tax return is the total amount of income you earned. Reporting deductions and credits.

Interest and dividend income. B : This form is typically issued by a brokerage, and contains information about gains. Receipts and Proof of Expenses. Keep for Your Records.

However, there are documents that you need to keep in case of an audit, while other documents can be recycled. Here’s what you need to know. Form W-is a statement from your employer of wages and other compensation paid to you and taxes withheld from your pay. You should have a Form W-from each employer.

Access IRS Tax Forms. Complete, Edit or Print Tax Forms Instantly. If someone doesn’t have a Social Security number, you’ll need their TIN instead. Date of birth for everyone on your return.

Must provide a copy of a current police, firefighter, EMT, or healthcare worker ID to qualify. No cash value and void if transferred or where prohibited. Tax filing can feel like a never-ending stack of paperwork — especially if you find yourself digging for documents as you try to work through your return. Having a checklist and preparing your information ahead of time, however, will help ensure you ’re ready to file your tax return. Read on and find out which documents you need to file taxes.

Property Tax Statement. You can deduct the property tax you paid during. Settlement Statement.

The settlement statement provides the figures you will. There are a lot of different deductions that can be taken when it comes to real estate holdings. Generally, you must keep your records that support an item of income, deduction or credit shown on your tax return until the period of limitations for that tax return runs out. Providing Proof of Taxes Paid During the Year.

Non-reimbursed Employment. Be sure that you have on hand any of the following tax documents that you have received when filling out your income tax return : Form W-- This is an important form, and you need one from each of your employers that you worked for during the past year. But as with deductions, you need documentation to claim them.

Here are some popular tax credits: American Opportunity and Lifetime Learning credits. These education-related credits can save you quite a bit of money. You will need to social security numbers and birthdates. Last Year’s Tax Return Forms.

If you want to submit your tax return electronically,. The tool is designed for taxpayers that were U. Do I Need to File a Tax Return ? For more info on how to upload the supporting documents to eFiling and the required standard and format, click here. You must keep them safely for a period of five years should SARS require them in future.