we had a fire November 2006, That was a total loss. Can anyone tell me what to do about our taxes? How to file when you lost all paperwork? Ect.......
2007-02-19 23:47:00 · 5 answers · asked by Anonymous in Business & Finance ➔ Taxes ➔ United States
First, if you are going to be unable to get copies of all of your paperwork before April 15, you need to file for an extention with the IRS.
Most of your paperwork that you need for your taxes should be mailed to you by the end of January - W-4's, 1099's, etc. These don't get mailed out until after the tax year ends.
I'm not sure what paperwork you lost that you think you need for your taxes. Possibly receipts from charitable contributions or sales receipts for large purchases. Most of those can be reproduced but it's going to take some work on your part to contact banks, stores, charities and ask for duplicates.
If you need copies of prior year tax returns, you can get those by contacting the IRS.
You might want to contact a tax accountant and find out what else I might be missing here but the main thing is if you are not going to be able to get everything together on time, file for an extention with the IRS if you owe them money. If you are expecting a refund, I don't believe you have to file for the extention.
2007-02-19 23:59:53 · answer #1 · answered by Faye H 6 · 0⤊ 0⤋
I'm so sorry! That must really be hard to deal with! Most of what you need you should have gotten after Jan 1. You need 1099s for your interest and dividends and stock transactions and W-2s for your wages.
I think what you probably are saying is lost is your itemized deductions info. Your dr's and dentists can give you year end stmts for your expenses. The pharmacy can run a report on your prescrip $. Your mortgage interest and real estate taxes will be on a 1098 sent to you in January. If you contributed to charities, see if you call them if they can give you duplicate receipts.
Good luck to you :)
2007-02-20 00:38:37 · answer #2 · answered by LC 2 · 0⤊ 0⤋
You can deduct uninsured casualty losses on Schedule A. Personal losses are subject to a 10% AGI + $100.00 limitation. If the loss was insured, only your deductible can be claimed as a casualty loss.
2007-02-20 00:04:31 · answer #3 · answered by Bostonian In MO 7 · 0⤊ 1⤋
are you talking about a business or your home (ie personal income tax)?
2007-02-19 23:59:03 · answer #4 · answered by jim06744 5 · 0⤊ 0⤋
your insurance comp. should have provided that kind of info. for you during the paper work
2007-02-19 23:49:29 · answer #5 · answered by Anonymous · 0⤊ 1⤋