What documents will you need from me in order to prepare my return?
To prepare your tax return, we’ll need general information about your situation as well as certain supplemental documents.
THESE DOCUMENTS WILL NOT BE SUBMITTED TO THE IRS. We only use them to verify the details you provide us with when you fill out our Tax Questionnaire (TQ).
THE GOAL IS TO PROTECT YOU from becoming the subject of an IRS inquiry - which is very likely if the information on your tax return does not correspond to the information IRS obtains from other sources.
General Information WE NEED FROM EVERYBODY
|IF YOU||WE'LL NEED|
|Pay taxes in your resident country|| Document showing amount of tax paid in your resident country - an Annual Tax Summary or a copy of the resident country tax declaration.
For example, a UK P-60, an Australian NOA, or a Hong Kong BIR-60
|Visited the United States during the year||A calendar of your U.S. visits|
|Filed a U.S. tax return in the last 3 years||Your last U.S. / state tax return|
|Have dependent children||Details about your children - names & social security numbers|
|Received any U.S. tax forms|| We’ll need copies of these forms (i.e., 1099-MISC, 1099-R, 1099-B, 1098-T, etc)
They are issued by U.S. financial institutions (such as banks or investment companies) and are sent both to the IRS and the taxpayer.
Documents We’ll Need DEPENDING ON YOUR SOURCE OF INCOME
|Type of Income Earned||Documents We’ll Need|
|Wage Employment||Any document (formal or informal) with your employer’s name showing the amount received in wages throughout the year and the tax withheld. Alternatively, your pay stubs|
|Investment Income/Loss||Year-end financial institution statement|
|Employer Stock Options||Document with details of the stock options you were granted and/or exercised|
|Foreign Pension Benefits||Year-end bank statement from the institution where the pension is held|
|Alimony, unemployment||If alimony recipient has a Social Security number, please provide it.|
|Real Estate Income||Proof of mortgage interest paid on rental property|