VITA Tax Document Checklist

 

2020 VITA Income Tax Preparation Tax Document Checklist

(Income Guideline $65,000)

 

 

Completed Intake Form 13614-C

 

Signed Form 14446 Virtual VITA/TCE Taxpayer Consent (page 3 only)

 

Copy of your 2019 tax return

 

Photo ID such as Government/State/City/School ID issued (copy)

 

Social Security card or (ITIN letter) for all persons on the return (copy).

 

Health Insurance: Form 1095-A if covered through the Marketplace

 

Stimulus Payments received (first & second rounds) Provide letter or amounts.

 

Bring any IRS or State tax notices received

 

INCOME:

 

Wage and other Income statement(s) Forms W-2, W-2G,1099-MISC

 

Unemployment Income: 1099-G statement needed. Get online or from Unemployment office.

 

Self-employed Income (1099-NEC, 1099-K, 1099-MISC or Cash  (nature of business & related business expenses needed)

 

Pension Distributions / Income statements: Social Security, Form SSA-1099, Form 1099-R

 

Interest and dividends Income statements (1099-INT, 1099-DIV)

 

Alimony Income received

 

Other  Income: Lottery, state income tax refunds, scholarships/fellowships, prize/awards awards

 

  • Direct Deposit information needed for Savings & Checking A/C: Bank Name, Routing & Account numbers. Your fastest & safest way to receive your refund. Incentives for Savers. Must split your refund into both checking & savings. Savings Account required!

 

  • If you paid any EXPENSES below, please bring documentation:

 

 

Day Care or childcare expenses: Provider’s Name, Address and EIN # needed

 

Mortgage Interest and/or Property Tax statements: Form 1098

 

Business expenses (In scope for expenses under $35,000)

 

Alimony ( Name & SS# of spouse needed)

 

Rent paid in 2020 - Name must be on lease to claim property tax credit on NJ state return.

 

Medical expenses (out of pocket, unreimbursed)  – (List & total separately: health premiums paid, doctors & dentists, prescriptions, total medical miles)

 

Charitable donation statements (cash & checks) – (keep separate non-cash donations)

 

Higher Education expenses: 1098-T from college & a printout of student’s college account.

 

Student loan interest statement for interest paid (1098-E)

 

Misplaced/Lost documents: Please call the appropriate issuing agencies for duplicate copies.

                                                                                                                                          

LIMITED SCOPE OF VITA PROGRAMS:

  1. Only Form 1040’s Individual tax returns prepared, no partnership or corporate returns prepared.
  2. Self- Employment Income on 1099-NEC, 1099-MISC, 1099-K and/or Cash Income
  • Uber/Lyft, Doordash drivers or Small business owner- $34,999.00 is the maximum business expense deduction allowed with business income.  A business loss cannot be taken without business income. Taxpayers with a business loss, no business income, or expenses in excess of $34,999.00 must seek a Paid Preparer to maximize any refunds or limit tax liability.
  •  Vehicle Information needed: Year, make & model of vehicle.
  • Must have had only 1 business with no employees
  • Business home use deduction disallowed – even if part of the home was used in the business.
  • Depreciation and amortization deduction will not be taken
  • Only mileage expenses allowed, actual expenses are not permitted
  • Had no inventory at any time during the year.
  • Cash accounting method must have been used

     3. Rental Income: Out of Scope for VITA Programs, please seek a Paid Preparer

     4.  Non-Cash Charitable deduction, $500 maximum allowed when using the VITA Program

 

Married Filing Joint returns:

The signatures of both spouses are required on Form 8879, e-file authorization

Married Filing Separate returns:

Spouse’s Name, SSN and date of birth is required on the tax return to allow for e-file. Mailing instructions will be provided to taxpayers if not provided.

Health Insurance Coverage documentation is needed for NJ State, 1095-B or 1095-C

Income Guideline - $65,000 for all filing status whether Single, Married-Filing-Joint, Married-Filing-Separate, Qualifying Widow/er or Head of Household.

The VITA Program requires all returns, without exceptions to be electronically filed unless there is a valid reason to be determined by the VITA Preparer.


Please email vita@uwcj.org for any questions on the above checklist.