This post is mainly a reminder to myself of all the forms I need to get in order before my hubby and I see the tax man in 2 weeks. Yes, we see him early each year. So, I have to gather what forms I can submit now and scan him the rest at a later date. It’s my hubby’s tax man pre-marriage. So, the date holds since the Roman days (okay, maybe not that long). I told him that we need to make it for the mid of February, that way… we don’t have to waste our time scanning more forms and then seeing him one more time to sign the documents. Such a hassle! 😉
Although, this article is about setting up a system to efficiently organizing pertinent papers in real time, it also serves as reference to the forms I need to pull for my appointment. Enjoy this article from About.com.
Ah, taxes. Are your files up to date? Or in disarray like mine?
I thought I would offer some sound advice for organizing your files.
Setting up a tax file can save you a lot of time and trouble when it comes time to file your taxes. Try these ideas for organizing your tax files. Organize your files into the following categories.
Income– Include pay stubs, W-2s, 1099s, interest statements, and dividend statements.
Medical– File receipts for medical expenses, and health insurance out-of-pocket expenses.
Donations-Include receipts for both cash and non-cash donations.
Real Estate– File interest statements from mortgage, tax assesments.
Child Care– This file is for child care payment receipts.
Tax Correspondences-Include any important letters from the IRS or your state revenue service.
Student Loans – File statements of loan interest paid.
Misc. Receipts-Add any receipts that might be needed for deductions.
Payments– Include any records of advance payments.
Old Tax Papers– File by year your old tax returns.
Taking the trouble to set up a tax filing system now will make it easier to file your paperwork through the year.
Like I just realized that I need to obtain a print out of the child care paid back in 08′. That’s like millions of dollars! lol! Enjoy!