How do I assemble my tax information?

Paycheck stubs are usually your best source of income information, particularly in midyear, since most paycheck stubs show both current and year-to-date earnings and deductions. You will also want to assemble your W2, W-2G, and 1099 forms. Compare the data on these forms to the projected current tax year data in the Tax Planner. You can have Quicken 

 for you.

These are the types of records you'll most likely need:

• Medical and dental payment records

• Real estate and personal property tax receipts

• Interest payment records for your home mortgage

• Records of payments for child care

• Dependent expenses that may be tax related

• Charitable contribution receipts

You can get federal income tax publications from the IRS, from public libraries, and from your tax professional. Most bookstores stock a variety of commercial tax instruction and information books. You can also access information from within Quicken. Click the Planning tab. Click the Tax Center button. Click the Tax Tools button and choose Online Tax Tools > Tax Forms and Publications to download copies of tax publications.

Copies of your previous years' returns may be helpful for reference. Remember that the figures won't be valid for subsequent years. You can also import your previous year's tax information to use for tax planning in Quicken.

Run these reports to help you check whether all your tax-related financial information is included in your Quicken files. Otherwise, you'll need to enter some or all information into the Tax Planner manually.