Tax Organizers and Checklists
Existing clients if you would like a personalized tax organizer based on last years taxes email us at Taxes@squigleyfinancial.com and we will send it to you!
New Clients we will be happy to send you a blank organizer upon request
For Current Clients 2020's Tax Questionaire and Engagement letter
Schedule C Business Income and Home Office Organizer 2020
Itemized Deductions Organizer 2020
Financial Planning Checklist For New Clients
Secure Tax Portal Link For Returning Clients. New Clients can email us for a login link at taxes@squigleyfinancial.com
Fax Number: 516 320 6879
Checklist For Tax Prep 2020
This check list is provided to help you gather necessary information for us to prepare your 2019 income tax return. Use this list as a reminder of things you may want to tell us about
Other Income (provide supporting documentation for income received for the following items)
[ ] Sale of assets or property
[ ] Cancellation of debt
[ ] Other income ______________________________________________________
Payments (provide supporting documentation for payments made for the following items)
[ ] Educator classroom expenses
[ ] Employee business expenses
[ ] Contributions to a Health Savings Account
[ ] Expenses related to work relocation
[ ] Alimony
[ ] Student loan interest
[ ] Tuition and fees for higher education
[ ] Expenses related to child or dependent care
[ ] Contributions to a Retirement Savings Account
[ ] Medical and dental expenses
[ ] Real estate taxes
[ ] Other state and local taxes
[ ] Mortgage interest
[ ] Investment interest
[ ] Cash Contributions
[ ] Noncash Contributions
[ ] Unreimbursed employee expenses
[ ] Investment expenses
[ ] Gambling losses
[ ] Other payments ______________________________________________________
Personal Information
Yes No
[ ] [ ] Did your marital status change during the year?
If "Yes," explain _________________________________________________________
[ ] [ ] Can you or your spouse be claimed as a dependent by someone else?
[ ] [ ] Did your address change during the year?
Dependent Information
Yes No
[ ] [ ] Did you have any changes in dependents during the year?
If "Yes," explain _________________________________________________________
[ ] [ ] Can another person qualify to claim any of your dependents?
[ ] [ ] Did you have any childcare expenses during the year?
[ ] [ ] Did you have any adoption expenses during the year?
[ ] [ ] Did you have any children under age 19 or a full-time student under age 24 with more than $2200 of unearned income?
Provide documentation for proof of dependent related credits (school records, medical records, daycare records, etc.)
Health Care Information
Yes No
[ ] [ ] Did any member of your household have healthcare coverage through the Marketplace?
If "Yes," provide copies of Form 1095-A.
[ ] [ ] Did you receive any distributions from a Health Savings Account (HSA), Archer MSA, or Medicare Advantage MSA during the year?
Income, Purchases, Sales, and Debt Information
Yes No
[ ] [ ] Did you receive any tips not reported to your employer?
[ ] [ ] Did you receive any disability income during the year?
[ ] [ ] Did you cash any U.S. savings bonds during the year?
[ ] [ ] Did you receive, sell, send, exchange, or otherwise acquire any financial interest in any virtual currencies?
[ ] [ ] Did you receive any other income not provided with this organizer?
If "Yes," explain _________________________________________________________
[ ] [ ] Did you start a new business or purchase any rental property during the year?
[ ] [ ] Did you sell an existing business, rental property, or other property during the year?
[ ] [ ] Did you purchase any business assets or convert any assets to business use?
If "Yes," provide the cost of the asset, the date it was placed in service, and business use percentage.
[ ] [ ] Did you purchase any gasoline, diesel, or special fuels for non-highway business use?
[ ] [ ] Did you buy or sell any stocks, bonds, or other investments during the year?
[ ] [ ] Did you sell a principal residence during the year?
If "Yes," provide closing documentation for the purchase and sale of the home
[ ] [ ] Did you have a principal residence or a piece of real property foreclosed on during the year?
[ ] [ ] Did you abandon a principal residence or a piece of real property during the year?
[ ] [ ] Did you refinance your principal home or second home or take out a home equity loan during the year?
If "Yes," provide all escrow, closing, and other pertinent documentation and information.
[ ] [ ] Did you receive any principal or interest during this year from property sold in prior years?
[ ] [ ] Did you rent out your home or use it for business?
[ ] [ ] Did you sell, exchange, or purchase any real estate during the year?
Questionnaire
[ ] [ ] Did you acquire a new or additional interest in a partnership or S corporation?
[ ] [ ] Did you have any debts canceled or forgiven this year?
[ ] [ ] Does anyone owe you money that has become uncollectible?
[ ] [ ] Did you purchase a new hybrid, alternative motor, or electric motor energy-efficient vehicle during the year?
If "Yes," provide the year, make, model, VIN, and date the vehicle was placed in service.
Itemized Deduction Information
Yes No
[ ] [ ] Did you pay out-of-pocket medical or dental expenses (premiums, prescriptions, mileage, etc.) during the year?
[ ] [ ] Did you pay any long-term care premiums for yourself, your spouse, or a dependent during the year?
[ ] [ ] Did you receive any state or local income tax refunds from prior years?
[ ] [ ] Did you make any major purchases (vehicle, boat, etc.) during the year?
[ ] [ ] Did you pay any real estate property taxes or personal taxes during the year?
[ ] [ ] Did you pay mortgage interest during the year?
[ ] [ ] Did you make cash donations to charity during the year?
[ ] [ ] Did you make noncash donations to charity (clothes, furniture, etc.) during the year?
[ ] [ ] Did you donate a boat or vehicle during the year?
If "Yes," attach Form 1098-C.
[ ] [ ] Did you have gambling winnings or losses during the year?
[ ] [ ] Did you have any job-related expenses that were not reimbursed by your employer (uniforms, safety equipment, etc.)?
[ ] [ ] Did you use your vehicle on the job other than for commuting to work?
[ ] [ ] Did you work out of town at any time during the year?
Retirement Information
Yes No
[ ] [ ] Did you receive any payments from a pension, profit sharing, or 401(k) plan during the year?
[ ] [ ] Did you make any withdrawals from or contributions to an IRA, Roth, Keogh, SIMPLE, SEP, 401(k), myRA, or other qualified retirement plan during the year?
[ ] [ ] Did you receive any Social Security benefits during the year?
Education Information
Yes No
[ ] [ ] Did you pay tuition expenses that were required for attending college, university, or vocational school for yourself, your spouse, or a dependent during the year (even if classes were attended in another year)?
[ ] [ ] Did anyone in your household attend a post-secondary school during the year?
[ ] [ ] Did you make a contribution to or receive a distribution from an Education Savings Account or Qualified Tuition Program during the year?
[ ] [ ] Did you pay student loan interest for yourself, your spouse, or your dependent(s) during the year?
Miscellaneous Information
Yes No
[ ] [ ] Did you incur a gain or loss due to damaged or stolen property?
If "Yes," provide the incident date, value of the property, and amount of insurance reimbursements.
[ ] [ ] Did you pay wages to any household employees (babysitter, nanny, housekeeper, etc.)?
[ ] [ ] Did you make gifts to any one person in excess of $15,000 during the year?
Yes No
[ ] [ ] Are you splitting the gift with your spouse?
[ ] [ ] Did you incur moving expenses during the year?
[ ] [ ] Did you make any energy-efficient improvements to your main home during the year?
Questionnaire 2020
[ ] [ ] Are you a business owner who paid health insurance premiums for your employees during the year?
[ ] [ ] Did you apply an overpayment of your 2018 taxes to your 2019 estimated taxes?
[ ] [ ] If you have an overpayment of 2019 taxes, do you want the refund applied to your 2020 estimated taxes?
[ ] [ ] Did you make any estimated payments toward your 2019 taxes?
[ ] [ ] Do you want to have any refund or balance due directly deposited or withdrawn?
If "Yes," provide a canceled checking or savings slip.