Income Tax Preparation Checklist

Social security numbers and date of birth for yourself, spouse and children

Copy of previous year return

Income
Forms W-2 from all employers
Interest income – Form 1099-INT
Dividend income – Form 1099-DIV
Proceeds for the sale of stocks, bonds – Form 1099-B
State income tax refund from previous year - Form 1099-G
Self employed income and expenses
Rental property income and expenses
Unemployment income – Form 1099-G
Social security income – Form SSA-1099
Sale of residence (typically not taxable but still reported)
Sale price, purchase price, cost of major improvements
Prizes and awards Form 1099-MISC
Gambling and lottery winnings Form W-2G

Expenses
Student loan interest paid Form 1098-E
College expenses of dependent child
Moving expenses
Day care
Traditional IRA contributions
School related expenses for children in K-12th grade (supplies, tuition, tutoring, drivers education fees, music lessons and musical equipment).
Clothes, sports, sports supplies are not deductible.

Itemized deductions
Medical expenses paid
Car tabs paid
Mortgage interest Form – 1098
Property taxes paid
Closing statement if sold or purchased a house
Charitable contributions cash or check

Non-cash contributions
Men’s clothing
Women’s clothing
Children’s clothing
Household item’s

Work related expenses
Estimated tax payments made

 

What our clients have to say about us.

“Brad Anderson has been at our side since 1999.  It is nice to be able to have our accounting, insurance and investments handled by one person.  He really understands small business needs.”

Nan Bodell-Moen President - Salon Capelli, Inc

“Brad and the staff at ASI have been outstanding.  They have taken us and our business by the hand and kept us on track for payroll, taxes and all the potential headaches of running our small business.”

Amy Phipps Poe, President - Bodies in Balance Inc.

“Our company has been a client of ASI Financial Services since 1999.  Brad and his staff are knowledgeable and quick to respond to any questions that may come up.  We have truly appreciated his guidance and expertise over these past 7 years, and hope to continue in the future.”

Charles Korsch, CEO - Bingamite, Inc

ASI Financial Services provides investment, accounting, payroll, and tax services to our law office and we are very satisfied with their quality of work.  The staff at ASI promptly returns phone calls goes out of their way to do the extras.  We refer our consumer and business clients to ASI because we are comfortable and confident with the excellent service, quality of work, and reasonable prices.”

Peter C Greenlee, President – Greenlee Law Office

“Thanks for doing an outstanding job.  Your payroll and financial planning services have helped take the pressure off running this business.”

Pam Pietrusa, Voyageur Lakewalk Inn

“Thank you for the work you have done for us.  See you again at tax time!”

Sandi Peterson – Happy income tax client

We have been using ASI since January 2005 and have had a great working relationship.  It is easy to get questions answered and Brad has been very helpful ensuring our payroll and bookkeeping have gone smoothly.

Carl Ehlenz - Owner Betty's Pies