Use this checklist to keep track of things to have on hand when doing your taxes. To familiarize yourself with the deductions you can take, see Bankrate's story on
ChecklistSocial Security numbers for:
Tax ID for child care servicesW-2s1099-INT showing interest1099-DIV showing dividends1099-R from IRA distributionsInformation from stock/mutual fund sales or other capital assetsAlimonySelf-employment incomeSocial Security paymentsUnemployment paymentsOther sources of incomeState and local income tax refundsDeductionsIRA contributionsStudent loan interest paidEducational expenses paidMedical expenses -- if they total more than 7.5 percent of adjusted gross incomeCharitable contributionsChild care expensesInvestment expensesCasualty lossesJob search expenses -- if in the same fieldCost of professional and trade journalsState or local income taxes paidPersonal property/real estate taxes paidCar taxes paidMortgage loan interest paidHELOC or home equity loan interest paidTax-preparation software program or tax-preparer costGambling losses/winningsView worksheet archive advertisementRelated Links:Taxes: Choosing a tax professionalDonating a vehicle to charityApplying for tax filing extensionRelated Articles:RMD rules for an IRAMake a tax mistake?What if refund is wrong?
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This morning's February employment report had mixed news for the economy and for mortgage borrowers.
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