to file your taxes, you need to start by collecting all the necessary documents. which answer selection is…
to file your taxes, you need to start by collecting all the necessary documents. which answer selection is the best describing what is needed?\n\na record of your income and receipts for any deductions you want to claim\nreceipts of all purchases that you made in the past year\nspreadsheets of all banking and investing accounts that you have\na record of stocks and bonds that you bought in the past year
Answer
Brief Explanations:
To file an accurate tax return, a taxpayer must report all sources of gross income (such as wages, interest, and dividends) and provide documentation for any expenses intended to reduce taxable income. Therefore, the most comprehensive requirement includes records of total income earned and receipts for specific tax deductions or credits. General purchase receipts for personal items, spreadsheets of all account balances, or records of only asset purchases (without sales/gains) are insufficient or unnecessary for standard tax filing.
Answer:
A. A record of your income and receipts for any deductions you want to claim