Tax Tips

Have your records organized to make preparing a tax return easier. It may also help you discover potentially overlooked deductions or credits.

Include in your tax records:

• Forms W-2 from employers
• Forms 1099 from banks and other payers
• Other income documents and records of virtual currency transactions.

View your account information to see information from your most recently filed tax return.

Notify the IRS if your address changes and notify the Social Security Administration of a legal name change.

Remember, most income is taxable. This includes:

• unemployment income,
• refund interest,
• income from the gig economy, and
• virtual currencies.