Tax Consultation

Filing Status:

  • Single
  • Married Filing Jointly
  • Married Filing Separately
  • Head of Household
  • Qualifying Window

Dependents:

  • A dependent must be  a qualifying child or a qualifying relative. You are allowed one exemption for each person you can claim as a dependent. Your dependents can significantly increase your returns.

Earned Income Credit:

  • EITC, the Earned Income Tax Credit, sometimes called EIC is a tax credit to help you keep more of what you earned. It is a refundable federal income tax credit for low to moderate income working individuals and families.

You should bring to your Tax Interview

  • Income and tax information; Personal information for each family member, Credits and Deductions.

Taxable & non-taxable Income:

  • Not all of your income is taxable.
  • Many sources that you would expect to be non-taxable must in fact be reported and taxed.
  • Start Star Tax Profecionals can help you understand which. Ensuring your most accurate report and biggest refund.

Rental Income & Expenses:

  • Owners' rental property is often a good way to increase their gains, but it is subject to regular property taxation as well as taxes on rent paid to you or them. 

 

      PERSONAL INFORMATION FOR EACH FAMILY MEMBER:

  • Name
  • Date of Birth
  • Social Security Card /ITIN/ATIN
  • Spouse's full name and social security number
  • Last year's tax Return
  • Amount of any alimony paid and ex-spouse social security number

      INCOME AND UNEARNED INCOME TAX INFORMATION:

  • W-2’s
  • Interest 1099-INT or substitute
  • 1099-DIV or substitute
  • Estimated taxes paid
  • Self-Employment Income and Expenses
  • Stock Sales 1099-B or Broker Statement
  • Sale of a Personal Residence
  • Miscellaneous Income 1099-MISC
  • Rental Income and Expenses
  • Gambling or Lottery Winnings W-2G
  • State Income Tax Refund 1099-G
  • Pension Income 1099-R
  • Social Security or Railroad Retirement SSA-1099 or RRB-1099
  • IRA or 401-k Distribution 1099-R
  • Unemployment Compensation 1099-G

ADJUSTMENTS & DEDUCTIONS:

  • Medical Expenses
  • Real Estate or Personal Property Taxes
  • Educator Expenses
  • Mortgage Interests
  • Student Loan Interest
  • Charitable Contributions
  • Employee Business Expenses
  • Gambling Losses
  • Moving Expenses
  • Traditional IRA Contributions
  • Higher Education Expenses

TAX CREDITS:

  • Child Care Provider - Address and Employer Identification Number (EIN) or Social Security Number (SSN)
  • Child Adoption Expenses
  • Retirement Savings Contributions

                EDUCATION PAYMENTS:

  •  Forms 1098-T and 1098-E

            RENTAL INCOME:

  • Records of Income and Expenses

  • Rental asset information (date placed in service, cost, etc) for depreciation

Your contact partner:

Start Star Tax

Sira de Oramas

Ph. 214-994-9490 / 972-219-5258