Getting Ready to File Your 2023 Tax Return.

As the 2024 year starts, you will start to see tax documents showing up in your mailbox or in your email. If you receive anything that says “Important Tax Document” please keep it in a safe place. If you receive emails, please login to your online accounts such as an employee portal, online banking, investment or broker accounts and print all the needed tax documents and keep in this safe place as well.

All tax documents should be mailed or available online on or before January 31, 2024. The only items that are not required to be completed by January 31st is broker statements. So if you buy and sell stocks and such, you should wait till after February 28, 2024 to file your tax return.

Other tax forms you may need to obtain are the 1095-A (health insurance through Pennie or Marketplace), child care statements, 1098-T (Tuition statements). These are the most common. Also, if you did any home improvements in 2023 please provide the receipts for the purchase, the receipt for the work to be completed, and the stickers from the items (windows, doors, furnaces) so we can prove the energy efficiency requirements are met.

Please make sure you have all your documents when you make your appointment or drop off your taxes. If we prepare them based on documents provided and you receive any additional forms after the return is completed and printed in our office, there will be an amendment fee. This is necessary because we have to redo the work, and reprint all the forms. This takes our time away from other people waiting on their returns.

If you have any questions about documents please send us an email. Have a great New Year’s!