Here's a hack on how to make preparing for filing your 2023 tax return organized and easy:

Here's a hack on how to make preparing for filing your 2023 tax return organized and easy:

Make a list of all your income sources, and note if you will be receiving a tax form for it, for instance :

W-2 for wages (or Israeli form 106, UK P60, Canadian T4 etc.)

1099-NEC for self employment as an independent contractor.

1099-B for stocks, mutual funds, ETFs and other investments

1099-INT for interest from banks (from brokerages, it will usually be listed within a consolidated 1099-B form).

1099-DIV for dividends (this will also be within a consolidated 1099-B in most cases).

K-1 for partnership income, such as for real estate syndication investments.

Profit and loss statement for self employment, business income.

For balances in foreign bank accounts (for the FBAR report, or 8938 FATCA form):

List of your foreign accounts, the maximum balance of the year, and the date.

Once you have all this information put together, send it over to your accountant and your work is done!