Equifax’s Checklist of Paperwork Needed to Do Your Taxes

April 10, 2014

Tax documents to have readyThe 2014 deadline to pay Uncle Sam is quickly approaching. If you have not yet completed your income tax return, the Equifax Finance blog has put together a checklist of the paperwork or documents that you need to gather up before heading to the tax professional’s office (or before sitting down to do it yourself at home), “

Your Must-Have 2014 Tax Filing Checklist.” The list includes:

  • W-2s from all employers over the year – if you worked multiple jobs or if your employer otherwise changed (say for example that ownership of the company changed), be sure to have W-2s from the entire year
  • Estimated tax records (if you pay estimated taxes quarterly)
  • Form 1099s:
    • 1099-B for stock sales and barter transactions
    • 1099-C (or COD) for cancellation of indebtedness on mortgage or credit card debt
    • 1099-DIV for any dividends
    • 1099-INT for any interest income
    • 1099-MISC for those who are self-employed
  • Form 1098S, such as:
    • 1098 showing interest paid on a home, if you own one
    • 1098-C showing donations of a vehicle or boat to a tax-exempt organization
    • 1098-E showing interest paid on student loans
    • 1098-T showing tuition paid
  • Annual mortgage statement(s) showing how much in property taxes you paid
  • Vehicle registration receipts
  • Charitable donation receipts for all donations of $250 or more

All forms are available for download at www.IRS.gov.

Read the full article for more checklist items, and if you have any questions, consult a tax professional. Get more advice on personal finance topics including taxes, real estate, savings, identity theft protection and more at the Equifax Finance blog.

About The Author

Read All Stories By Mitch Levinson

Mitch Levinson is the author of “Internet Marketing: The Key to Increased New Home Sales” published by BuilderBooks. He is an Internet marketing expert with expertise in search engine optimization, website development, email marketing, social media and CRM consulting services. He is known for creating effective programs that can be tracked through analytics to prove effectiveness and ROI. Mitch is founder and president of MLC New Home Marketing and MLC FlatFee Realty, as well as managing partner of mRELEVANCE, LLC, a Marketing, Communication, Interactive agency with offices in Chicago and Atlanta. He currently leads the Chicago team. A Multi-Million Dollar Sales Producer who earned an MBA in Computer Information Systems and eCommerce, he brings a unique perspective and experience to the field of real estate communications. Mitch combines the two interests in order to help home builders and developers gain a competitive advantage through the Internet and technology. When he isn’t behind a computer, he enjoys participating in sports and coaching his kids’ teams. Mitch resides in Arlington Heights, Ill., a northwest suburb of Chicago, with his family, which includes two rambunctious labs. Visit my Google+ profile.

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