- Mark as New
- Bookmark
- Subscribe
- Subscribe to RSS Feed
- Permalink
- Report Inappropriate Content
Get your taxes done using TurboTax
@Hal_Al wrote:
Don't worry about receipts. This is a common enough situation that an IRS inquiry is unlikely. Consider taking photographs of the items sold, to show that they were used household items.
I will note that I have seen at least one post this summer from a taxpayer who did just as you indicate, and got a letter from the IRS asking for a detailed explanation and proof. It may not be common, but it does happen. The taxpayer should always keep the best records they can, in my opinion.
‎September 20, 2023
6:52 AM