Deductions & credits


@Critter-3 wrote:

If audited the IRS will want to see proof of who you paid and for what... 

  


@Critter-3  @Bsch4477   @rjs  

 

I see the statement "IRS requires you to have a receipt or statement showing that you paid for the medical expense."

 

Two thoughts come to mind when I put my thinking cap on.

  1. Those people who say a receipt or statement satisfies IRS requirement for a receipt or statement showing that you paid for the medical expense [you intend to deduct], are right, but...
  2. I suspect, when push comes to shove and shove comes to punch, IRS also burdens the tax filer to prove the medical expense was a bona fide expense paid to a proper medical provider.

Clearly, a credit card receipt or back statement does not contain the information to satisfy this burden, but a Visit Summary Report or Annual Billing Statement most probably does.

 

Comments? Thoughts?