EricE_CPA
Expert Alumni

Self employed

Hi Question2022

 

Under IRS regulations regarding "Burden of Proof"
" You must be able to prove (substantiate) certain elements of expenses to deduct them. Generally, taxpayers meet their burden of proof by having the information and receipts (where needed) for the expenses."

 

see link:

Burden-of-proof 

**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"