Smihal & Company

6727 Main Street/P.O. Box 1972 · Caseville, MI 48725

Phone: 989-856-2250 ·

E-mail: paul@smihalcompany.com

Checklist of Data Needed for Your Tax Return Preparation

(Not all items will be applicable to everyone) Income

> W-2 income statement

> Self Employment Income

> 1095-A Health Insurance Marketplace Statement

> 1099 Misc. Income

> 1099 Interest or Dividends

> 1099 all

> 1098

> 1099R Pensions – Social Security Income

> W2-G Gambling Winnings

> Stock Sales

> K-1 from Partnerships or S-Corporations

> Alimony or Child Support Income

> Rental Income – Including Farmland

> Farm Income

> Unemployment Income

Itemized Deductions

(If applicable, deductions must exceed “Standard Deduction”)

> 2016 Standard Deductions are as follows:

> Married Filing Joint ……………….$12,600.00

> Married Filing Separate……….$6,300.00

> Head of Household ………………..$9,300.00

> Single …………………………………………..$6,300.00

> Personal Exemption………………$4,050.00

> Qualifying Widow (er) …….$12,600.00

> Earned Income Tax Credit

> Out of Pocket medical/dental expenses, including mileage

> Out of Pocket Health Insurance Premiums

> Property Taxes paid in tax year

> Mortgage Interest

> Charitable Contributions-must have receipt or cancelled check

> Gambling expenses-not exceeding winnings

> Any Un-reimbursed expense that is job related: i.e. travel, union dues, mileage, and education

> License Plate renewal cost

> Casualty/Theft Losses

> Unreimbursed employee expenses, i.e. tools, uniforms

> Tax Preparation fees

> Correspondence applicable to the Affordable Care Act Other

> Property Tax bills-both summer and winter to determine Homestead Credit

> Current Heat bill – to determine Home Heating Credit (if applicable)

> Anything you do not understand