The Peck Group, LC - Tax Law
Free 30 minute telephone consultation
Free 30 minute telephone consultation
email us
Comprehensive Tax Law Representation Since 1995
We handle every aspect of tax law: preparing tax returns, representing clients during audits, resolving IRS and state tax controversies, and creating tax planning strategies for the future.

Gathering your tax documents to file your return

| Feb 14, 2019 | Tax Law, Tax Law |

It may be only February, but tax season is officially upon us. By now, you should have received all of your relevant tax documentation to file your tax return for the past year.

The April 15 deadline may still be a long way off, but as we’ve discussed previously, there are significant advantages to filing early. In today’s post, we outline the tax forms you should have received by now.

The tax documents you receive depend on your personal tax circumstances. All of the following must be postmarked and mailed to you by January 31—unless you have expressly consented to receiving them electronically.

W-2

If you work as an employee, your employer should send you a W-2 form for your wages and benefits. If you received gambling winnings in the previous year, you should receive a form W-2G.

1098

You may receive a 1098 form if you have home mortgage interest. There are also other variations of this form, which you may receive based on your circumstance. For example:

  • 1098-E: You’ll receive this form if you need to report student loan interest.
  • 1098-T: Your academic institution will send you this form if you have to report education credits, such as tuition and scholarships.

1099

1099 forms can apply to many different types of income. Some of the most common 1099s include:

  • 1099-MISC: You’re likely to receive this form if you completed work in the previous year as a contractor.
  • 1099-DIV: If you received dividend payments from stocks you own, your financial institution should send you this form.
  • 1099-R: If you received distributions from an IRA or other retirement plan, you’ll receive this form.

If there is a form you should have received by now, the IRS provides guidelines on steps you should take.

We insist that your taxpayer rights are protected and your options are known.

Our services are confidential and are protected under the attorney-client privilege as allowed by law.