Year-End Tax Planning & Documentation 

Dear Valued Client,


Your team at Restivo Monacelli is committed to truly understanding your tax matters in order to maximize your tax benefits and minimize your tax liabilities. Below is a link to our 2020 individual income tax questionnaire, which is designed to aid us in the preparation of your income tax return. In addition to the questionnaire, a charitable contribution deduction and stimulus payment worksheet has been included. Please download, fill out and return to us the questionnaire and charitable deduction worksheet, along with your income tax documents.

When putting together your income tax documents, please be aware that the Internal Revenue Service matches information returns/forms with amounts reported on tax returns. Accordingly, it is important that you provide us with all of the income tax documents you receive. The following are some of the more commonly issued income tax forms and schedules that are received by individuals that would be required for the preparation of your income tax return:

  • W-2 (Wages)

  • Schedules K-1

  • 1099-R (Retirement) / 1099-INT (Interest) / 1099-DIV (Dividends) / 1099-B (Brokerage Sales) /1099-MISC (Rents, etc.) / 1099 (any other)

  • 1098-Mortgage Interest / 1098-T (Education)

  • 1095-A (Health Insurance Market Place Statement)

  • 1095-B (Health Coverage Statement)

  • 1095-C (Employer-Provided Health Insurance Coverage Information)

  • IRS letter - Notice 1444 (Economic Impact Payment)


To continue providing quality services on a timely basis, we urge you to collect your information as soon as possible. If Schedule K-1 information from “passthrough” entities such as partnerships, trusts and S corporations is the only data you are missing, please send the data you have assembled and forward the missing information as soon as it is available.

The filing deadline for your 2020 individual income tax return has been extended to May 17, 2021. However, the IRS extension does not apply to:

  • Trust income tax payments and return filings on Form 1041

  • Corporate income tax payments and return filings on various Forms 1120

  • 2021 1st quarter estimated tax payments


We have put together FAQs and a LIVE TRACKING SCHEDULE with more information, that you can access by clicking here.


If you qualify for the extension, we still urge you to consider filing as soon as possible, especially if you are owed a refund.

We look forward to providing you superior client service and growing our relationship with you. If you have any questions, please do not hesitate to contact us.