In Today’s Episode

Eric and Brandon discuss what documents and information you need for your individual income tax preparation. The more prepared and organized you are, the easier and quicker it will be to file your tax return.

What You’ll Get Out of Today’s Show

• Additional documents you need if it’s your first ever tax return
• Income documents:
• • 1099-INT
  • 1099-DIV
  • 1099-R
  • Brokerage statements
  • W-2’s
• Deductions:
• • Medical expense documents (subject to AGI threshold)
  • Charitable deductions
  • Property taxes
  • State and local taxes
  • IRA and HSA contributions
• Credits
• • AOTC - American Opportunity Tax Credit for college students
  • Child credit tax
• Self-Employment records:
• • Credit card statements
  • Bank statements
  • Receipts
  • Mileage
  • Quarterly estimates

Links Mentioned in This Episode

ignitiontowealth.com/resources

ignitiontowealth.com/tools

ignitiontowealth.com

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