Tax Preparation Checklist [Updated for 2022-2023]

Norm Blatner Accounting, Tax

There’s a lot of information to gather and remember at the end of the year for you and your finances. We’ve put together a thorough Tax Preparation Checklist for Individuals for you to review and prepare to file your taxes.

Individuals can use this form as an income tax worksheet. Use it as a checklist to analyze all of your categories of income and expenses for the year. Keep in mind that this is not an exhaustive list of questions as each person’s situation is different. This is a guideline that can be used as a starting point for a conversion with your CPA or tax professional.

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Want to take it with you? You can download a PDF copy of this form using the link on this page. If you have any questions, don’t hesitate to contact our team with questions or call (716) 823-4407.

Tax Preparation Checklist for Individuals

BLATNER & MINEO CPA PC

WORKSHEET INFORMATION

    • Last Name:
    • First Name:
    • Address (If Changed):
    • Phone Number
      • Daytime:
      • Evenings:
    • Date of Birth
      • Taxpayer:
      • Spouse:
    • Email:
    • What school district do you live in?
    • Has your bank information changed?
      • Please bring a voided check.
      • Routing #:
      • Account #:
      • Checking / Savings (circle one)
    • Do you have health insurance? Yes / No (see line #21)

Dependent Name

SSN#

Date of Birth

Relationship

Lives at Home?

ITEMIZED EXPENSES & DEDUCTIONS

  • MEDICAL

    • Health Ins.:
    • Prescriptions:
    • Doctors, Dentists:
    • Hospital,Labs:
    • Eyeglasses, etc.:
    • Long-term Care Ins.:
    • Other:
  • TAXES

    • Property Tax:
    • Sales Tax (Car/Boat)

     

    CONTRIBUTIONS (Must have backup)

    • Cash & Check
    • Non-Cash

    (Need details over $500 total)

ESTIMATED TAX PAYMENTS

Q1 Q2 Q3 Q4
FEDERAL ______ ______ ______ ______
STATE ______ ______ ______ ______

NOTES AND QUESTIONS

  • INCOME & EXPENSE QUESTIONS:

  • YES or NO

  1. Did you receive Interest or Dividends? If yes, include 1099-INT and 1099-DIV statements.
  2. Did you receive any Pensions or Annuities? If yes, include 1099-R statements.
  3. Did you receive Unemployment Insurance Benefits? If yes, include 1099-G statements.
  4. Did you sell any stock or security? If yes, include 1099-B, date transacted and cost.
  5. Did you sell any other property? If yes, include closing statement, date transacted and cost.
  6. Did you have any Rental Income? If yes, include list of income and expenses for each property.
  7. Did you receive Social Security or Railroad Retirement Income? Include SSA-1099.
    1. Self: $
    2. Spouse: $
  8. Did you make any withdrawals from Pension or IRAs? Include 1099-R
    1. Self: $
    2. Spouse: $
  9. Did you make a contribution to an IRA or Roth IRA?
    1. Self/Spouse: $
    2. Date:
    3. Roth?
  10. Did you pay any college tuition for your child? Include 1098-T statement and copy of institution bills for each semester.
    1. Child:
    2. Amount:
    3. College
    4. Semester:
  11. Did you pay Student Loan Interest?
    1. Amount: $
  12. Did you pay or receive alimony?
    1. Ex-spouse Name:
    2. SSN:
    3. Amount Paid: $
    4. Amount Received: $
  13. Did you pay childcare?
    1. Child:
    2. Amount: $
    3. Provider Name:
    4. ID#:
  14. Did you have any deductions for business expenses?
    1. Do you have a log to substantiate expenses?
      1. Total miles:
      2. Business miles:
  15. Did you purchase any items on a reservation or out-of-state subject to sales tax, but not paid?
    1. Explain:
  16. Did you have any other income not previously mentioned? (Gambling, lottery, prizes. Include W-2G and Win/Loss Statement)
    1. Explain:
  17. Do you have any foreign bank accounts with a balance of $10,000 or more?
    1. Explain:
  18. Did you donate a vehicle to a charity? Include 1099-C from the charitable organization.
  19. Did you do an IRA conversion to a Roth IRA? Include form 1099-R.
  20. If you have an HSA, include forms 5498-SA and 1099-SA.
  21. Do you have health insurance?
    1. Is your health ins. through your employer?
    2. Is your health ins. through the ACA marketplace? Include form 1095.
  22. Did you purchase good or services with OR did you buy or sell digital currencies in any form? (virtual/crypto)
  23. Did you purchase and install solar energy equipment this year?

E-Filing is mandatory for Tax Returns prepared by a professional tax preparer. An E-File Authorization (Form 8879) must be signed by the tax payer. Transmission of return does not take place until an authorization form is signed and returned to our office.

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Please bring your Driver’s License if we do not have it on file.