904-356-0349 info@nedjacksontax.com

Welcome back to Ned’s Blog Spot, where you can find all your tax tips and tricks. In the words of the infamous Mariah Carey, “ITS (almost) TIME!!!.” With tax season right around the corner, your favorite tax preparers wanted to equip you with a list of everything you need to bring with you to ensure your tax filing is successful and can be done in one trip. Before we get to the checklist, I wanted to share the good news… You can rock around your Christmas tree this year knowing Santa is bringing you higher standard deductions! That’s right, the standard deduction has increased in every filing category, and those are listed below. (Just in case you’re a first-time tax filer this year, the standard deduction is the amount of money you can make before your money starts being taxed.)

Standard Deduction
MFJ: $27,700
HOH: $20,800
S and MFS: $13,850

Now, let’s move on to your tax filing checklist. There will be different things needed for different filing categories. If you have any questions about what you need after referencing the list below, you can call our downtown office for clarification. Please feel free to print this out and check off as you go!

Baseline
o Identification w/ your current address, of both parties filing
o W-2
o 1099
o Social Security Statement
o College Tuition (1098-T)
– This can be obtained from the school or the student’s online account
o Interest Expense

Claiming Dependents
o Proof of Residence
– This can be any of the following, but not limited to: doctors note, report card, school document, birth certificate,

Itemizing Filers
o Charitable donations
o Medical expenses
o Property tax
o Mortgage interest statement

HOH Filers
o Mortgage interest
o Power/Utility bill
o Landlord Statement

Self Employed
o List of income and expenses

Rentals
o List of income and expense for rentals

Daycare Credit
o Statement from daycare with child’s name

We hope you find this information helpful as you begin to prepare for the upcoming tax season. We can’t wait to service you in this upcoming tax season, and want to wish all our clients a Merry Christmas and Happy New Year!! If you have any questions, the information for our downtown office is listed below. Don’t forget to check back for more!

Ned Jackson Downtown Office

Address
255 N Liberty Street
Jacksonville, FL 32202

Phone
(904) 356-0349

Email
info@nedjacksontax.com

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