This Day On The Street
Continue to site right-arrow
ADVERTISEMENT
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here
Cramer's Action Alerts PLUS - See his portfolio and get alerts BEFORE every trade. Learn more NOW!

The Most Important Tax Documents You Might Be Missing

NEW YORK ( MainStreet) -- Even though most Americans filed their taxes weeks ago and have by now kicked back to wait on their refund check, many will spend the next week scrambling to gather the documents they need before that all-important April 15 deadline.

Thankfully, most businesses and investment firms are diligent when it comes to sending out the appropriate W-2 and 1099 forms, but other essential documents may need to be requested, such as those reflecting mortgage and tuition payments.


We checked in with the experts to find the most important tax documents you'll need to find now, and what to do when you -- or a former employer -- can't find them in time.

Documents you need now:

Your Social Security card/number
Although this number is probably something you learned by heart in elementary school, if you have any doubt, keep your card handy.

"Your Social Security number is used as your taxpayer identification when filing a return," says H&R Block (HRB - Get Report) senior tax preparer Riley Holmes.

"Social Security cards are used to verify the spelling of the individual's name as well as their SSN itself so the return matches their IRS master file and processes smoothly," says Jackson Hewitt Chief Tax Officer Mark Steber.

If you need a cheat sheet and can't find your card, your Social Security number will also appear on the W-2 from your employer.

Salary documentation (W-2)
"Your W-2 is the key form, and you'll need one from each employer you worked for during the past year," says Paul Golden, spokesman for the National Endowment for Financial Education.

"Your W-2 shows how much money you made, how much income tax was withheld, Social Security and Medicare taxes paid and any benefit contributions -- retirement plans, medical accounts and child care reimbursement plans," Golden says.


If you held more than one job during the past year, making sure you have W-2s from all your employers is imperative, Steber says.

"If you leave any income items off your return and IRS catches it -- and they will -- then you will face penalties, interest and other issues," Steber says.

1 of 3

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Try it NOW
Only $9.95
Try it NOW
14-Days Free
Try it NOW

Check Out Our Best Services for Investors

Dividend Stock Advisor

David Peltier identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Options Profits

Our options trading pros provide over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • Actionable options commentary and news
  • Real-time trading community
Try it NOW
Try it NOW
Try it NOW
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!
SYM TRADE IT LAST %CHG
HRB $34.15 0.00%
AAPL $128.46 0.00%
FB $78.97 0.00%
GOOG $558.40 0.00%
TSLA $203.34 0.00%

Markets

DOW 18,132.70 -81.72 -0.45%
S&P 500 2,104.50 -6.24 -0.30%
NASDAQ 4,963.5270 -24.3630 -0.49%

Partners Compare Online Brokers

Free Reports

Free Newsletters from TheStreet

My Subscriptions:

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

Register for Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs