Income- Include pay stubs, W-2s, 1099s, interest statements, and dividend statements.
Medical- File receipts for medical expenses, and health insurance out-of-pocket expenses.
Donations-Include receipts for both cash and non-cash donations.
Real Estate- File interest statements from mortgage, tax assesments.
Child Care- This file is for child care payment receipts.
Tax Correspondences-Include any important letters from the IRS or your state revenue service.
Student Loans - File statements of loan interest paid.
Misc. Receipts-Add any receipts that might be needed for deductions.
Payments- Include any records of advance payments.
Old Tax Papers- File by year your old tax returns.
Taking the trouble to set up a tax filing system now will make it easier to file your paperwork through the year.
