• Personal Income Tax Questionnaire

  • Preferences

    Please indicate your preference for the following:

  • Contact Information and Changes

    Please indicate if you had any of the following changes during 2021:

  • Taxpayer's Email:        Spouse's Email:       

  • Taxpayer's Phone:         Spouse's Phone:       
    For RETURNING clients (this section is in relation to the information our office would have on file)

  • The following questions are in relation to the last known tax return you have filed with the government.
    Marital Status      # of Dependents:    
    Address:               
    Taxpayer's Employment:   Spouse's Employment:                 

  • Primary bank account for electronic tax refunds/balances due:    (account ending:    )
    Bank Name:       
    Account Number:      
    Routing Number:      

  • Important Information

    We NEED this information to complete your 2021 tax return.

  • How much did you/your spouse collectively receive from the 2021 “EIP” Economic Impact Payment (the 3rd stimulus check)? If you are certain you did not receive it, then please enter $0. : * .
    The IRS mailed Notice 1444-C with the EIP amount you should have received in 2021 to the address on your 2020 tax return. If you are unsure if/how much you received, you can also look it up by going here: irs.gov/payments/your-online-account 
    NOTE: If the EIP3 amount you received was less than you expected, then any discrepancy will be reconciled on your 2021 return. 

  • At any time during 2021, did you receive, sell, exchange, or otherwise dispose of any cryptocurrency?      
    If yes, we will need a list of all taxable transactions. Need assistance on this? Find out more at www.rac-co.com/crypto

  • Did you (or your spouse) elect to treat a retirement distribution as 2020 COVID-related over three-years?   *  

  • Did you (or your spouse) make any loan repayments to a 2020 COVID-related retirement loan?   *  

  • Did you and/or your spouse receive any Advanced Child Tax Credit (CTC) payments in 2021?   * 
    If yes, If yes, we need the total received in 2021 for broken down by:
    Taxpayer:* (enter $0, if none.)  Spouse:*   (enter $0, if none.)  
    The IRS recently mailed out Letter 6419 to both taxpayer and spouse with the total “ACTC” amounts you would have received in 2021 to the address on your 2020 tax return. If you didn’t receive this letter and are still unsure if/how much you received, you can look up these amounts by going here: irs.gov/credits-deductions/child-tax-credit-update-portal
    NOTE: If we are provided with an incorrect ACTC amount, you will receive a notice from the IRS.

  • If you expect to take the standard deduction but made cash donations during the year, how much in total cash donations did you make?

  • Businesses

    If you had business and/or rental activity that you need to report in 2021

  • If this does not apply to you, jump to the next section. If your business is an LLC or incorporated, please also fill out our 2021 Business Income Tax Client Questionnaire. This can be filled out electronically by going here: www.rac-co.com/businesstax

  • Please provide us the amount for any corresponding COVID-related financial assistance that you received in 2021:
    PPP Loan . Did you receive forgiveness for this loan?         
    EIDL Loan
    EIDL Grant   
    EIDL Targeted Grant      
    SBA Loan Payment Assistance (total sum of payments made on your behalf)      
    Other State/Local Grants    Please describe:     

    Did you sell/dispose or trade-in any assets in 2021 that were used for business purposes in prior years?        
    Did you buy or inherit any assets in 2021 that were used for business purposes during 2021?       
    Did you close or sell your business(s) or rental property(ies) in 2021?           
    If yes, please provide more details:       
    Did you know that our team offers business and real estate consulting services year-round?         
    Would you like to learn more about these and other specialized services we offer?         
    Please know that the most common expense deductions that are overlooked include:

    • The business-use portion of : internet, mileage on your vehicle(s), cell phone,
    • Home office deductions like: home owner insurance, utilities, repairs on the office, office furniture, etc.
    • Your prior year’s tax preparation fees (we’ll have them on file if you worked with us last year)

  • Engagement & Next Steps

  • To assist you in anticipating and gathering all of your 2021 tax documents. Please use our helpful 2021 Personal Income Tax Checklist and be sure to include this checklist when submitting your documents to us. Thank you!

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