We request the following information to prepare the Tax Return.
Your Taxes are Calculated as Follows:

Specification

Status

• Filing Status – Single, MFJ, MFS, Head of Household, Widow
• US Citizen, US Resident, Non-Resident
• Dependents / Other Dependents

Income

• Earned Income, Self-Employment / Contractor
• Passive Income
• Investment / Capital Gain and Loss
• Social Security, Retirement
• Other – Government Income, Foreign Income, Award, Royalties, Gambling, Miscellaneous

Adjustments

• Additional Income – Tax Refunds/Credits, Business Income, Gains or Losses, Unemployment Compensation, Gambling Income, Cancellation of Debt, HSA, Jury Duty pay, Prizes and Award, Stock Options, etc
• Adjustments to Income – Educator expenses, HSA, Certain Business and Moving Expense, Retirement plans, Early withdrawal penalty, Alimony, IRA deduction, Student Loan Interest, etc

Self-Employed / Sole Proprietor

• Business Income
• Business Expenses – COGS, Supplies, etc
• Automobile Mileage or Actual Expense, Depreciation
• Home Business Deduction
• Qualified Business Income Deduction, Health Insurance, Retirement Deduction

Passive Income

• Rental Income and Expenses
• Partnership / Pass-Through Income

Family Income

• Inheritance
• Gifts
• Dependent Income

Deductions

• Standard Deduction
• Itemized Deductions – Medical Expenses, Real Estate Taxes, Property Tax, Sales Tax, Home Mortgage Interest, Personal Property Taxes (such as Vehicle registration), Charity Donation, Casualty and Theft Loss, Gambling Loss, Interest Expense, Other Taxes, etc

Tax Credits

• Earned Income Tax Credit
• Premium Tax Credit, Health Coverage Tax Credit
• Child Tax Credit, Child Dependent Care Credit
• Foreign Tax Credit
• Education Tax Credits – AOTC, LLC
• Saver’s Credit
• Other – Prior Year Minimum Tax, Electric Vehicle, Residential Energy Efficient Property, Adoption, etc

Foreign Non-Resident / Expatriate

• FBAR Foreign Financial Accounts, FATCA Foreign Assets
• Foreign Corporation and Business
• Expatriate, Foreign Earned Income Exclusion, Foreign Tax Credit
• Permanent Resident, Green Card, ITIN, Residency
• Non-Resident, Exempt, Tax Treaty

Payments

• Payroll Tax Withholding
• Estimated Tax Payments, Overpayments
• Direct Deposit / Debit, Mail by Check
• Penalties, Fees