Income tax season is here again. Now is the time to gather and organize all the paperwork you need to complete your income tax return. Do you know what documents and paperwork you need to file your income tax?

To complete your income tax return, you will need a W-2 form. In addition, be prepared to provide personal, employment, income, financial, housing and other tax related documentation.

Below is a taxpayer checklist identifying the tax information you may need to help you complete your income tax return:

PERSONAL INFO

• Social Security numbers
  You will need the SS# of your spouse and dependents to qualify for tax exemptions
• Child-care provider tax ID
  To qualify for child care credits
• Copies of your divorce decree
  To claim a child living with your ex-spouse

EMPLOYMENT AND INCOME DATA

• W-2 forms
• Partnership and trust income
• Pensions and annuities
• Alimony received
• Jury duty pay
• Lottery and gambling winnings and losses
• Prizes and awards
• Scholarships
• State and local tax refunds

HOUSING DATA

• Your residential address
• Mortgage interest
• 2nd second interest paid
• Home sale or other real estate transaction
• Real estate taxes paid
• Rent paid
• 1st time homebuyer credit

FINANCIAL INFO

• Interest income
• Dividend income
• Broker transactions
• Tax refunds and unemployment compensation
• Retirement plan distribution

LIABILITIES

• Auto loans
• Student load interest paid
• CD early withdrawals

DEDUCTIBLES

• Charitable distributions
• Travel and entertainment expenses
• Job-hunting expenses
• Child-care expenses
• Medical savings account
• Alimony paid
• Tax return preparation fees
• IRA, Keogh and retirement plan contributions
• Medical expenses

For more income tax help visit the IRS website.

source: msn.com