Tax Prep Checklist

A tax prep checklist helps you stay organized and ensures you don’t miss important documents when filing your return. Start by gathering personal information such as your Social Security number, identification, and last year’s tax return. Collect all income documents, including W-2s from employers, 1099 forms for freelance or contract work, investment income statements, and any other records showing money earned during the year. Having these documents ready makes the process smoother and helps prevent delays or errors.

You should also organize records related to deductions and credits. This may include receipts for charitable donations, medical expenses, mortgage interest statements, student loan interest, education expenses, and childcare costs. If you’re self-employed, keep track of business expenses, mileage logs, and home office costs. Reviewing everything carefully before filing ensures accuracy, reduces the risk of audits, and may even help you maximize your refund or lower your tax liability.