Tax Tips #1

‘Tis the Season Important Tax Documents Arrive

The documents you need to file an accurate tax return depends on your personal finances and they may vary from year to year based on life changes, like going to college, getting married and having a baby. The envelopes of some of these documents will actually have “important tax document” printed on the front. Also, be on the lookout for emails from financial institutions, brokers and others notifying you that tax documents are available via their website.

The following is a partial list of tax-related documents to keep an eye out for in mailboxes – traditional and electronic – in the next couple months.

Employee wages

  • W-2

Self-employment information

  • Forms 1099-MISC
  • Schedules K-1

Retirement income

  • Pension/IRA/annuity income (1099-R)
  • Social security/RRB income (1099-SSA, RRB-1099)

Other income

  • Unemployment compensation (depending on state)
  • State tax refund (1099-G)
  • Gambling income (W-2G)
  • Health care reimbursements (1099-SA or 1099-LTC)

Savings and investments

  • Interest income, dividend income (1099-INT, 1099-OID, 1099-DIV)
  • Income from sales of stock, mutual funds or other property (1099-B, 1099-S)


  • Tuition charged or billed and scholarships received (Form 1098-T)
  • Student loan interest statement (Form 1098-E)
  • Distributions from 529 plan or Coverdell Education Savings Account (Form 1099-Q)

Itemized deductions

  • Mortgage interest statements (Form 1098)
  • Receipts for state/local income tax paid (other than wage withholding)
  • Receipts for real estate tax paid
  • Receipts for personal property tax paid
  • Bank statements showing interest paid
  • Summaries of health care expenses

Need somewhere to store important tax-related documents? My H&R Block is a free, online “filing cabinet” that gives taxpayers a place to store their tax-related documents so they have easy access to them for tax prep, checkups and planning year-round. My H&R Block also makes it easy to view and print past returns, and check e-file status.

For more information about filing an accurate tax return, contact a local H&R Block tax professional.

Courtesy of:
H&R Block
1122 B Main St