Form 1040
Individual Tax Preparation
Overview
Most of the individual returns David prepares belong to people whose finances are no longer simple: a W-2 plus a side business, rental property, stock or option income, a home office, a move between states, or a year with a life change such as a sale, an inheritance or a new baby. Each of those creates choices on the return, and the choices add up.
David takes a semi-aggressive approach to tax law. That means claiming what the law allows, documenting it so it holds up, and avoiding positions that invite an audit without a real payoff. You get a return that is complete, defensible and filed on time.
Questions do not stop in April. Clients can call or email during the year about a withholding change, an estimated payment, a 1099 that showed up unexpectedly or a decision with tax consequences. For most ongoing questions there is no additional charge.
Who this is for
- Employees with investments or rental property
- Self-employed professionals and contractors
- Real estate agents and brokers
- Families with marketplace health coverage
- Clients living outside Austin who prefer to work remotely
What to bring
Documents David will ask for.
- W-2s, 1099s (NEC, INT, DIV, B, R, G, K) and K-1s
- Form 1095-A if you had marketplace health coverage
- Mortgage interest (1098), property tax and charitable giving records
- Rental income and expenses by property (use the Schedule E worksheet)
- Business income and expenses if self-employed (use the business worksheet)
- Last year's return if you are a new client
Worksheets
Fillable organizers for this service.
Questions
Individuals: common questions.
No. Many individual clients work entirely by phone, Zoom and Dropbox. Austin-area clients can meet David at his home office or at a nearby coffee bar.
David reviews withholding and estimated payments as part of the return so the following year is planned, not a surprise. Payment plans with the IRS are possible when needed.
Yes. Unfiled or amended prior-year returns are a regular part of the practice.
Free initial consultation
Talk to David about individuals.
Tell David what you need, by phone, email or Zoom, and get a fixed-fee quote before any work begins. In person in Austin, remote anywhere.