What types of documents should help prepare
When doing taxes, there are a lot of
documents that you need to have in order to prepare your tax
return and there are useful documents that you don't need but
will help you prepare your tax return.
Must have documents to prepare tax
Here is a list of documents that
you need to have to prepare your tax return.
Helpful documents that should help prepare
While the types of documents below are not
vital in preparing tax returns, they should help you prepare
your tax return.
receipts showing all sorts of expenses
all records of income and expenses
any documents to prove income or expenses
While the IRS prefers concrete evidence of
your income and expenses if you are claiming tax deductions or
tax credits, if you don't have them, then the IRS will take
whatever proofs you may have to ascertain that your claims for
deductions and tax credits are allowed.