If you're an independent contractor, the company you did work for should send you a Form 1099-MISC showing your gross earnings. If you're self-employed, you have a bit more work to get organized. You'll need to track down all receipts and documentation for business-related expenses, from the mileage records you kept when using your car for business to the office equipment and supplies you bought to the utility bills you paid to keep the home office lights on. Now is the time to start finding that material and sorting it so you can easily plug in the information on your tax return. IRS interest in your other assets Wage income isn't the only earnings that the IRS taxes.
Interest earned on most savings accounts is taxable.
You should get statements from each of the account holders, as well as formal tax forms. If you've branched out into stocks or mutual funds, you should get a Form 1099-DIV for each stock, mutual fund or money market account. Just like with your final paycheck stub, hang onto your year-end financial statements to compare with the official tax documents early next year. There's a place for each of these on your tax return, so start getting this paperwork in order, too. State and federal tax collectors work together.