Free 1040 Individual Tax Return Checklist Template
Get the step-by-step checklist for completing an individual tax return quickly and efficiently for your clients.
Why you need a 1040 Individual Tax Return Checklist Template
The 1040 Individual Tax Return process is how you help your clients report their personal financial information to the Internal Revenue Service (IRS).
As your firm grows, you’ll need a standardized, efficient, and quick way of completing 1040 individual tax returns for your clients. This is where our checklist template comes in handy.
Our 1040 Tax Return checklist template was carefully created to include all the necessary steps needed to accurately complete tax returns for individuals. You can also customize it to fit your firm’s needs and share it with your team members.
How our 1040 Tax Return Checklist Template will help your firm
Our 1040 individual tax return checklist template will help your firm:
Accurately file tax returns without skipping any important steps:
You may be an expert at filing individual tax returns but you probably can’t say the same for all your employees. Our 1040 tax return checklist template includes step by step instructions to accurately file corporate tax returns without skipping any important steps or making costly mistakes.
Manage heavy workload without skipping a beat during tax season:
Tax seasons are extremely busy, coupled with pressure from both upcoming IRS deadlines and clients, using our 1040 individual tax return checklist will help your firm complete individual tax returns faster and more precisely.
Standardize and streamline processes across your firm:
If your staff members have different ways of completing work, it’s time to standardize your process to improve the quality and consistency of your firm’s work. Standardizing your processes through a checklist will save you from the headache that comes with inconsistent work.
Deliver excellent work that drives client satisfaction and referrals:
Our 1040 individual tax return checklist template was carefully created to help you and your firm accurately carry out tax returns for individuals. And when you help your clients save money, avoid penalties, or get refunds from the IRS, they’ll eagerly refer their friends to your firm.
What you’ll find in our 1040 Individual Tax Return Checklist Template
In our fully editable and customizable 1040 Individual Tax Return Checklist Template, you’ll find:
- A list of tasks (steps) to complete an individual tax return
- Space to indicate the status of each task
- Due date
Note: Remember that you can add or remove any of these items to fit your firm’s unique processes.
How to use our 1040 Individual Tax Return Checklist Template
To use our 1040 individual tax return checklist template, simply:
- Download the template
- Or create an account with Financial Cents to access the template
After you’ve gotten your copy of the template:
- Review each step and determine if you want to remove or add anything.
- Optionally, you may add your logo to customize it to your firm.
- Share it across your team via email or your file sharing platform.
- You can also create a video to explain the tasks and any other important details to your team.
1140 Individual Tax Return Checklist Template FAQs
Are the tasks in the 1040 tax return checklist template accurate?
Yes, they are. We created our 1040 tax return checklist template with feedback from bookkeepers and accountants like you. However, please review each task carefully and feel free to edit them to fit your firm’s unique needs.
Can I use this 1040 tax return checklist template for all individual tax returns?
This checklist template is for reporting income and determining annual tax for the majority of taxpayers. You may need to customize (by adding or removing steps) to use it for other types of individual tax returns like 1040-SR, 1040-NR, and Form 1040-X.
Can I use this checklist template within the Financial Cents application?
Absolutely! In fact, that’s the better way to use and maximize this template. In Financial Cents, you can create a project from this checklist template, making it easy for you and every member of your team to get work done. Financial Cents also gives you a great overview of all client work and projects so you never miss another deadline.
You may also be interested in:
Subscribe to the blog
We're talking high-value articles, expert interviews, actionable guides, and events.
As an accountant, you always have a lot going on, which makes it tough to find enough time in the day to…
Sep 17, 2018 | 5 Mins read
Whether you’re starting from the ground level or an established bookkeeping firm, finding new bookkeeping clients is one of the most difficult…
Sep 26, 2018 | 10 Mins read