What tax documents do I need to file? 

We have a comprehensive list of tax documents you may need listed here _____. 


When is the deadline to file my taxes? 

Individual returns are due April 15th, 2020.  Extended returns are due October 15th, 2020.


When should I submit my tax documents to your office? 

As early as possible but no later than March 27th to ensure completion of your tax return on time.


How do I submit my documents? 

You may scan and upload your documents using our secure upload feature listed on the front page of our website.  Your security is our number one priority and we enabled this feature with full encryption to protect your data.  It’s safe, easy and secure.  Just scan in your documents and click on UPLOAD.  We will get a notification when your documents arrive and will get your return done as soon as possible.  You may also drop off your documents to our office.


What is the earliest I can file?

January 27, 2020


Is there a penalty for filing my taxes after the deadline? 

Yes.  You may incur penalties and interest based on your tax liability if not filed and paid by April 15, 2020.  You may also incur penalties on underpayment of tax.  You do have the option to file an extension.  However, this is only an extension of time to file, not an extension to pay.


How long do I have to amend my return? 

You have 3 years from the due date of the return or two years from the date the tax was paid, whichever is later to amend your return.


I am self-employed – what records do I need? 

We have a Business Expense Checklist “HERE” you may use for reference for items you may possibly deduct.  You will also need to provide all 1099’s received.


Can I claim charitable contributions without a receipt? 

No.  All charitable contributions must be substantiated with a receipt and acknowledgment letter from the designated charity. 


If I receive money as a gift, do I have to claim it? 

No.  Gifts received in any amount are not taxable to the recipient.


Is an inheritance taxable? 

Generally no.  Cash or property received in inheritance is not taxable unless you earn income such as rent, interest or dividends.  You may call our office to speak to a professional for further details.


My spouse and I are separated.  Can I file head of household? 

Head of household requires you to have a dependent and pay for at least half the expenses needed to maintain a home.


Is my mileage deductible? 

If you are self-employed, you may deduct mileage. 


Can I deduct my union dues and other work related expenses? 

Unfortunately, no.  With the passing of the new TCJA tax law, unreimbursed employee expenses are no longer deductible.  You should inquire with your employer to reimburse you directly through an accountable plan.


What is the mileage rate for 2020? 

57.5 cents per mile driven for business use.  17 cents per mile for medical or moving purposes.  14 cents per mile driven in service of charitable organization.


What is the mileage rate for 2019? 

58 cents per mile driven for business use.  20 cents per mile for medical or moving purposes.  14 cents per mile driven for charitable organization service.


What if I want to start a business? 

Call our office and set up an appointment for a free consultation.


What if I can’t afford to pay the taxes I owe? 

If you can’t afford to pay your taxes, it is imperative to file your tax return and make payment arrangements. Failing to file and pay your taxes on time will result in penalties and interest. The IRS has multiple payment options available, including installment agreements.  Keep in mind that you will still owe penalties and interest even if you enter into payment arrangements.


List of possible tax documents needed** for preparation of tax return:


Driver’s Licenses (taxpayer and spouse)

Copies of social security cards and birth certificates (new clients or dependents only)

W-2’s (all copies)

W-2G Gambling winnings

Voided check (for direct deposit of refund or debit of tax due)


1099-R Retirement distributions

Form 1098 Mortgage interest statement

Property tax payments

Form 1098-T Tuition statement from college student

Form 1099-B Proceeds from Broker (investment)

Form 1099-DIV dividends received

Form 1099-INT interest received

Traditional/Roth contributions/withdrawals

Form 1095-A Marketplace Health Insurance

Estimated tax payments made from prior year (fed, state and city)

Charitable contributions made (detail with receipts)


**This is a general list and is not all inclusive as each taxpayer’s situation is different.  You may call our office if you have questions.

© 2020 by Morgan Matthews Accounting & Tax, Inc.