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2009 ITEMIZED DEDUCTIONS WORKSHEET by mpv32468

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									                 2009 ITEMIZED DEDUCTIONS WORKSHEET
For 2009 the "Standard Deduction" is $11,400 on a Joint Return, $8,350 for a Head of Household, and
$5,700 if you are Single. If you normally itemize your personal deductions or even think that itemized
deductions might benefit you this year, we will need to know the following expenses. You could record
these expenses on this worksheet or just use this worksheet as a checklist of what would be deductible.
If you will be deducting your personal deductions on your 2009 tax return, we would like you to bring
the receipts for your deductible expenses with you at the time of your tax interview appointment.

                                       Medical and Dental Expenses
During 2009, did you pay for any Out of Pocket Medical or Dental Expenses
with “after-tax dollars” that might exceed 7 ½% of your income? ………………………… [                ] YES - NO [     ]
If “YES”, we will need a separate sheet of paper that lists the amounts you PAID with “after-tax dollars”
in 2009 for all Medical, Dental, Vision, Insurance, Etc. Expenses such as:
   - Medical Care Insurance Premiums                  - Dental Insurance     - Prescription Drug Insurance
   - Medicare Part B and Part C and Part D Premiums   - Vision Insurance     - Long Term Care Insurance
   - Out of Pocket Medical Expenses                   - Out of Pocket Dental - Out of Pocket Prescriptions
   - Medical Mileage: _____ Miles @ 0.24 = __________


                                           Casualty or Theft Losses
For 2009, personal casualty or theft losses are deductible only if they exceed 10% of your income. If
you had property that was stolen or was damaged by fire, storm, car accident, etc., and your loss after
insurance reimbursement may exceed 10% of your income, we will need details of the loss such as date
of the loss, the original cost of the property, the market value before and after the loss, police report, etc.

                                       Miscellaneous Expenses
     For 2009 certain Miscellaneous Expenses are deductible only if they exceed 2% of your income.
    NOTE: Expenses as an EMPLOYEE MUST be required by your employer, the expenses must be
          substantiated, and any reimbursements must be subtracted from these expenses.
If you think your miscellaneous expenses may exceed 2% of your income, we will need to know the
amount paid in 2009 for the following:

Investment Publications and Fees ____________            Income Tax Preparation Fees _____________

Employment Agency Fees __________________                Union Dues Paid in 2009 ________________

Certain Job Hunting Expenses ______________              Unreimbursed Safety Equipment __________

Certain Legal and Accounting Fees ___________            Unreimbursed Tools & Supplies ___________

Safe Deposit Box Rental ___________________              Employment Licenses __________________

Professional Dues and Publications __________            Qualified Education Expenses ____________

The cost of uniforms and shoes required in your employment _____________________________

The cost to maintain uniforms required in your employment ______________________________

Travel & Entertainment Expenses ____________             Other _______________________________

Details of the use of your vehicle in connection with your
employment other than you just getting to and from work:

Alt Financial Services, Inc.
                                                            Taxes

State Income Tax: (We will compute the deductible amount.) (Please Leave Blank) $ __________

Real Estate Tax:         We need to know the "Net Amount" of Real Estate
(Do not include          or Property Taxes PAID BY YOU, or PAID FOR YOU
garbage pick-up)         out of an escrow account, during 2009:                                      $ ___________

                                         Interest Expenses
For 2009 non-business interest expenses are deductible only on interest paid on your first or second
home, home equity loans and interest paid on investment property or securities. We will need to know
the amount of interest you paid in 2009. Include the interest paid on your first or second home, a
second mortgage or equity loan, and interest for investment purposes. Most financial institutions will
send you a statement of interest expense for 2009. If the interest was paid to an individual, we will
also need to know the person's name, their complete address and their Social Security Number.

___________________________ $ ___________                          ______________________ $ ___________

___________________________ $ ___________                          ______________________ $ ___________

                                        Charitable Contributions
                    (You must have a statement or receipt for ANY contribution.)
  For 2009, Charitable Contributions are deductible in full by those who itemize their personal deductions.
    Please list below your 2009 CASH or CHECK contributions that you are able to substantiate to:

Boy or Girl Scouts ........................ $ ____________        Church ..................................$ ____________

Red Cross .................................... $ ____________     United Way ............................$ ____________

March of Dimes ........................... $ ____________         Heart or Cancer Fund ............$ ____________

Epilepsy Fund .............................. $ ____________       Kidney or Leukemia Fund .....$ ____________

Diabetes Fund .............................. $ ____________       M.S. or M.D. ..........................$ ____________

Other .......................................... $ ____________   Salvation Army (Checks)........$ ____________

           Please list below the "Fair Market Value" of Property (or ‘stuff’) contributed in 2009.
     If a total of $500.00 or more, provide documentation and details on a separate sheet of paper.
         (Note: You need to have a detailed list of all items donated along with your receipt)

Easter Seals .................................. $ ____________    Salvation Army (Goods) .........$ ____________

E.C.H.O. ....................................... $ ____________   Goodwill Industries ...............$ ____________

                        Please list below your Out-of-Pocket Expenses
Charitable
Mileage__________@ $0.14 per mile = __________ Other: _______________________________

                                         Miscellaneous Expenses
Fully deductible "Miscellaneous Expenses" such as: GAMBLING LOSSES up to the amount of winnings; etc.

   ___________________________________________________________________________
   ___________________________________________________________________________

Alt Financial Services, Inc.

								
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