 |
|
| Browse | Ask | Answer | Search | Join/Login |
|
|
||||
|
If you do not have complete records to prove an element of an expense, then you must prove the element with:
*Your own written or oral statement, containing specific information about the element, and *Other supporting evidence that is sufficient to establish the element. Destroyed records. If you cannot produce a receipt because of reasons beyond your control, you can prove a deduction by reconstructing your records or expenses. Reasons beyond your control include fire, flood, and other casualty. Go through your bank statements, canceled checks, credit card statements and other records to collect as much information as you can. |
||||
| Question Tools | Search this Question |
Add your answer here.
Check out some similar questions!
My husband and I own our home and a second home where our college son lives. His name is also on the deed but he doesn't file taxes -- no income. Can we deduct the property taxes we pay on this second home. (no renters)
I donated a time share to a charitable orginaztion, they sent me a form 8283 showing the value of $19,680, when I do my taxes for 2009 do I have to claim this deduction for all of the $19,680 or can I spread it 0ver 4 or 5 years?
I donated 42 CD-Rom's to the local library and I need to know how to calculate the fair market value, for my tax deduction.
Proving expenses Lost most tax deduction reciepts during a flood jan 08 I got airs audit notice aug08 for 2006 How do I reconstruct my documentation I also needc to know what to look for in a tax representative ( attorny , cpa, or former IRS ) Wouldit be necesssary to get a forensic...
I worked in London for 8 months out of the year. I worked in Maryland the other 4 months. I know how to use foreign tax credits on my federal and social security liabilities. Is there any way to use foreign tax credits against my Maryland State and Local Tax liability? These taxes are for...
View more questions Search
|
