How should taxpayers view the worksheets they compile for their returns?

Taxpayers should view the worksheets they compile for their returns as useful information retained for personal records because these documents assist in organizing and summarizing financial information that is needed during tax preparation. Worksheets help track income, deductions, credits, and other tax-related figures, making it easier to prepare accurate and thorough tax returns.

By maintaining these records, taxpayers can refer back to them if questions arise about their tax return or if they need to support their positions in the event of an audit. Additionally, having a well-organized set of worksheets can facilitate the preparation of future tax returns by providing a clear record of past information, helping them to make informed decisions about their finances.

Worksheets serve as an essential tool for taxpayers to ensure compliance with tax laws and to understand their tax situation better, rather than being seen as merely mandatory documentation or irrelevant items.