What to Bring with you | MyCTS.com | (773) 282-3200
WHAT TO BRING or Send us When you come to file your Taxes
CTS FINANCIAL SERVICES CO 4406 N Milwaukee Ave * Chicago, IL 60630
Phone: (773) 282-3200 or (800) 728-0365 / Fax: (773) 282-8919 or (800) 728-0473
Income Information Here are some examples of MUST HAVE Income Documents that might apply to you. Print this page for easy reference. Small business tax return filers should contact us for further assistance.
Each person (even if you have filed with us before) MUST include at least ONE (1) of the following identifying documents:
Valid State ID or Driver's LicenseCurrent School IDMatricula (Consular Registration)Passport or foreign national ID. 2008 Tax Year Income, Deduction and Withholding Documents List that
Form W-2 for EACH Job Regardless of the amount earned.
Form W-2G for EACH Lotto, Racing or Casino Winnings received.
Form 1099-MISC for EACH employer that DID NOT withhold taxes, such as State paid Day Care
Form 1099-R for EACH Retirement, 401K, Profit Sharing or Pension WITHDRAWAL
Form 1099-INT or the AMOUNT of Interest or Opening Bonuses Earned on Checking, CD, Savings, Etc.
Form 1099-G from Employment Security for UNEMPLOYMENT BENEFITS Received.
Form 1099-C from Debts that Cancelled or were settled for less than full balance, usually with Collection Agency
Form 1099-B for Stocks and Bonds transactions performed in 2008.
For Your Dependents, Students, Child Care & Day Camp You'll need the Full Names, Date of Birth, and Social Security
Number for Spouse or Dependents being included on your return.
For Students for whom either PAID Tuition, Registration & Lab Fees, or took out a student loan for this purpose, bring the notice from the school (Form 1098-T) that shows the amount to report. Your student loan provider will give you any reportable interest. Keep in mind that you generally MUST either be the student or claim the student as a dependent or file jointly, if married, in order to take these credits or deductions.
Child Care: For Summer Camp, After School Programs, Child Care, etc - you'll need the letter bearing the
amount or at least the Name, Address, Tax ID # of the center, or SS# of the individual provider. The person or agency whom you claim the deduction may be required to report this as income.
Ask about Help for Homeowners when you Call (773) 282-3200
Homeowners Single Family & Condos/Town Home: If you PURCHASED or REFINANCED during the
year, be sure to bring your CLOSING STATEMENT. You'll also need to bring the 1098-Mortgage Interest
Statement. You should also bring your Property Tax Bill AND Insurance Policy EVEN IF THEY ARE INCLUDED IN YOUR MONTHLY PAYMENTS. Cook County Residents may look up your Property Taxes Online it's easy. Start by looking up your PIN number by address HERE. Then enter that PIN and print the PAYMENT status page here and bring it with you.
Ask about Help for Homeowners when you Call (773) 282-3200
Rental Property Owners same Homeowners list above but you must ALSO bring a LIST of Utilities Paid (water, heat, etc.) and Repairs and Improvements. If possible, please separate by unit and be sure to ADD up your receipts. You do NOT need to bring them in, just tell us what you did (i.e., Bathroom Floor, Basement Ceiling, Garage Door, etc.). We will also need to know MONTH of purchase for certain big ticket items (Roofs, Appliances, Water Heaters, etc.). Lastly, write down how much RENT (not including deposits) you collected during the 2008 tax year including any Section 8 or other assistance. It would be a good idea to call us to make sure you've got all needed items. Just call us at (773) 282-3200 and we'll be glad to help you.
Ask about Help for Homeowners when you Call (773) 282-3200
Small Business / Contractors
If you worked for a company that DID NOT TAKE TAXES, or you worked for yourself in business including Hairdressers, Child Daycare Providers and Delivery Persons, you'll need to bring your 1099-MISC if you received one, or simply write down and bring us the TOTAL dollar amount received during 2008 as well as a LIST of related expenses you incurred. Expenses might include purchases of materials and supplies for items used as part of the job. You should also list MILES driven as part of the job. You may want to call us at (773) 282-3200 before coming in to file these types of returns to make sure you have a complete list that relates to your specific line of work..
Other Deductions
Here are some Other deductions that may apply to you. Bring a list of any of these expenses you've paid with you. For donations, you will need to bring the actual receipt provided by the agency.
Donations to Churches & Charities, even non-cash items such as clothing, equipment & autos. You are now REQUIRED to have an OFFICIAL RECEIPT for these items.
Work Expenses include Union Dues, Uniform, Dry Clean, Tools, Supplies, Education & Travel that is NOT reimbursed to you by the company.
Medical, Dental and Vision Care expenses may be deductible
Gambling Losses may be used to cancel out any taxable (W-2G) Gambling Winnings.
Investment Expenses such as E-trade monthly fees may be deductible.
Safe Deposit Box Fees may also be deductible.
Tax Preparation & Software Fees: Yes, our fees may be deductible as well.
Uninsured Losses: Yes deductibles you paid out on your home, auto or other policy may qualify.
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