What it is
Your Form 1040 and the California return that goes with it, including the schedules that follow from investments, rental property, self-employment or anything held abroad.
Who needs it
- Anyone with a U.S. filing obligation, resident or not
- A household with income, accounts or property in another country
- Someone with self-employment income or a side business (Schedule C)
- Someone whose estimated payments never seem to match what they end up owing
What we do
- Prepare the federal and state returns, including part-year and non-resident filings
- Handle the foreign reporting that attaches — FBAR, Form 8938, Form 5471
- Set estimated payments that reflect the year you are actually having
- Amend prior returns where something was missed
What to bring
- W-2s, 1099s and any K-1s you have received
- Last year's return
- The highest balance during the year of every foreign account you hold
- Closing statements for any property bought or sold
- Income and expense records for any side business: 1099-NEC or 1099-K, receipts, mileage, home office
- For property you rent out, here or abroad: rent received, expenses and property tax paid; a foreign account the rent goes into is reported with your other foreign accounts
What happens next
Bring last year's return and we can usually tell you quickly whether anything was missed.
