Smihal & Company

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

Phone: 989-856-2250

E-mail: paul@smihalcompany.com

Thumb Tax (A Division of Smihal & Company)

108 S Port Crescent/P.O. Box 25 . Bad Axe, MI 48413

Phone: 989-551-2550

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”)

> 2017 Standard Deductions are as follows:

> Married Filing Jointly ……………….$12,700.00

> Married Filing Separately……….$6,350.00

> Head of Household ………………..$9,350.00

> Single …………………………………………..$6,350.00

> Personal Exemption………………$4,050.00

> Qualifying Widow(er) …….$12,700.00

> 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

> Un-reimbursed employee expenses, i.e. tools, uniforms

> Tax preparation fees

> Correspondence applicable to the Affordable Care Act

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

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