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How to fill out 2018 tax checklist
How to fill out 2018 tax checklist
01
Step 1: Gather all necessary documents such as W-2 forms, 1099 forms, and receipts for deductions.
02
Step 2: Fill out your personal information at the top of the tax checklist, including your name, address, and Social Security number.
03
Step 3: Report your income by filling out the appropriate sections on the checklist. Include all sources of income, such as wages, self-employment income, and investment earnings.
04
Step 4: Deduct eligible expenses by filling out the deductions section of the checklist. This may include expenses such as mortgage interest, student loan interest, and medical expenses.
05
Step 5: Calculate your tax liability using the tax tables or tax rate schedules provided with the checklist. Follow the instructions to determine the amount of tax you owe or refund you are due.
06
Step 6: Sign and date the tax checklist to certify its accuracy.
07
Step 7: Keep a copy of the completed checklist and all supporting documents for your records.
Who needs 2018 tax checklist?
01
Anyone who is required to file a tax return for the year 2018 needs a tax checklist.
02
This includes individuals who earned income, as well as self-employed individuals, freelancers, and small business owners.
03
Tax checklists are also useful for individuals who anticipate claiming deductions or credits on their tax returns.
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