From Lenny's Desk
The Sturbridge Taxman's Blog

Clues to help solve your financial and tax puzzles!

Cormier & Rea announce additional office at 483 Summer St, Ste 2000, Arlington, MA

Top 20 documents most often left home on the day you meet with the taxman

20) Forms W-2 for wages
19) Forms 1099-INT for bank interest
18) Forms 1099-DIV for dividends
17) Forms 1099-G for unemployment compensation
16) Forms 1099-G for state tax refunds
15) Forms 1098-E for student loan interest paid
14) Forms 1099-MISC for self employment income
13) Information regarding gambling winnings and losses
12) Form 1098 Mortgage and Real estate tax information
11) HUD-1 Settlement Statement for new home purchase or refinance
10) Tuition & fees paid for higher education expenses
9) Childcare information (name, address, tax ID of provider & amount paid)
8) Cost basis (original amount paid for stocks, bonds or mutual funds sold
7) Amounts donated to charity (cash and personal property)***
6) Excise tax paid for cars, trucks, , trailers, boats, motorcycles, etc.5) Union Dues, tools, uniforms & other employment related expenses
4) Mileage log for car & truck expenses
3) Social security card for dependents
2) Bank information for direct deposit or direct debit
1) A check to pay the taxman (note that all outstanding balances are subject to an 18% interest charge).

***Note that for donations of property that total $500.00 or more you will need an itemized list of the items with the date acquired and cost.


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