Self Employed Form

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Social security/RRB income: SSA-1099  RRB-1099. Savings & Investments or Dividends .Interest, dividend income (1099-INT, 1099-OID, 1099-DIV). Income from sales of stock or other property (1099-B, 1099-S)

Keep dates of acquisition and records of your cost or basis in property sold (if not reported on 1099-B).

Health Savings Account and long-term care reimbursements (1099-SA or 1099-LTC). Expenses related to your investments. Record of estimated tax payments made (Form 1040–ES). Transactions involving cryptocurrency (Virtual currency). Other Income & Losses. Payment Card and Third-Party Network Transactions – 1099-K. Gambling income (W-2G or records showing income, as well as expense records). Jury duty records. Hobby income and expenses . Prizes and awards. Trust income. Royalty Income 1099–MISC. Any other 1099s received.

 

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Records of income and expenses

Offsetting gains

Rental asset information (cost, date placed in service, etc.) for accounting purposes.

Tax-advantaged accounts

Record of estimated tax payments made (Form 1040–ES)

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Record of alimony paid/received with ex-spouse’s name and SSN. State tax reimbursement.

Retirement Income

Pension/IRA/annuity income (1099-R)