Tax Reducers Organizer - Income Items

The IRS has instituted some BIG PENALTIES for understatement of income.

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Make sure you have included every single item of income. If you do not receive a W-2 or 1099 for some of your income, that does not excuse you from reporting it.

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By signing your tax return, you are swearing under penalty of perjury that you are reporting ALL of your income.

Look over the following list of income items and provide information to us about those that apply to you:

W-2 Forms (provide the ORIGINAL and keep a COPY)

W-2G Forms - Gambling Winnings (provide the ORIGINAL and keep a COPY)

NOTE: you may be able to apply part of your gambling losses against your winnings - see Deductions and Adjustments

1099 Forms (if there is withholding, provide the ORIGINAL, otherwise, provide a COPY) including�

Commissions & Bonuses not included on your W-2

State Income Tax Refunds (1099-G)
Retirement Income (1099-R)
Interest (1099-INT)
Dividends (1099-DIV)
Annuities (1099-R)
Miscellaneous (1099-MISC)
Unemployment Compensation (1099-G)
Social Security Received (SSA-1099 or RRB-1099)
IRA Distributions (1099-R)
MSA or HSA Distributions (1099-MSA/HSA)

K-1 Forms (send a COPY) from

Partnerships

S Corporations
Estates
Trusts

Income and Expenses for each Sole Proprietorship Business

(click here for a detailed list)

Information about Sales of Stocks & Bonds, Real Estate and Other Assets, Personal Bad Debts, and Installment Sales

(click here for a detailed list)

Rental Property Income and Expenses

(click here for a detailed list)

Miscellaneous Income

Alimony Payments Received

Unreported Tips Received
Sick Pay Exclusion Forms
Jury Duty pay
Bartering Income
Rental of Personal Property such as an Airplane or Boat
Recovery of Bad Debts deducted in a prior year
Refunds or reimbursements of deductions taken in a prior year
Other Income of any kind (if you are not sure if it is taxable, tell us about it anyway)

Childrens' Investment Income Being Reported on Your Return