tax documents

Forum|Forum|2 years ago
May 29, 2024
1 reply
7 views

hello I just relocated to a new state away from my family, my mother use to receive all of my tax documents and filed taxes for my siblings and I through her tax expert. Now that I am living independently I would like to know what type of papers or documents should I be putting aside for my taxes.

Ask the Experts - W-4 II - May 2024

xmasbaby0

Level 15

Are you a W-2 employee? Or are you self-employed---working as an independent contractor? If you are a W-2 employee, you will receive a W-2 by the end of January. If you are an independent contractor you need to be keeping meticulous records for yourself of your business expenses such as mileage, supplies, tools, etc. You may or may not receive a 1099NEC from your client(s) if you are self-employed, so you need to keep records for yourself of the income you receive. Most tax documents are issued in late January/early February, so you will need to make sure that anyone who needs to send a tax document to you has your address.

**Disclaimer: Every effort has been made to offer the most correct information possible. The poster disclaims any legal responsibility for the accuracy of the information that is contained in this post.**