Please help. My 2006 Federal Income Tax return is being examined next week. They are reviewing the following issues:
1. Other Expenses Subject to 2% AGI Limitation
2. Other Unreimbursed Employee Expenses
3. Contributions
The unreimbursed employee expenses mostly refers to mileage I claimed. I do have a mileage log so I think I am OK there. I'm not sure why they refer to it as "other', but...
Under contributions, I have non-cash donations (clothes) to Goodwill that are itemized and less than $5k and non-cash donations (furniture) to Goodwill that are itemized and less than $5k also. I do not have receipts for each of these donations but I do have an itemized list of the item, description and estimated worth. I understand for tax year 06 I do not need the Goodwill receipt, right? Finally, I made cash (actual cash in the offering plate) contributions weekly to my church of $200/week for a total of 45 weeks during 06. This gives me cash contributions which each are less than $250 but total $9000. Again, I do not have a receipt from the church but since each donation was less than $250 do I need to just document (with dates and amounts) the donations made throughout the year?
Any help would be greatly appreciated! I am a little nervous about the examination and I have been unable to reach my tax preparer.
Thank you
1. Other Expenses Subject to 2% AGI Limitation
2. Other Unreimbursed Employee Expenses
3. Contributions
The unreimbursed employee expenses mostly refers to mileage I claimed. I do have a mileage log so I think I am OK there. I'm not sure why they refer to it as "other', but...
Under contributions, I have non-cash donations (clothes) to Goodwill that are itemized and less than $5k and non-cash donations (furniture) to Goodwill that are itemized and less than $5k also. I do not have receipts for each of these donations but I do have an itemized list of the item, description and estimated worth. I understand for tax year 06 I do not need the Goodwill receipt, right? Finally, I made cash (actual cash in the offering plate) contributions weekly to my church of $200/week for a total of 45 weeks during 06. This gives me cash contributions which each are less than $250 but total $9000. Again, I do not have a receipt from the church but since each donation was less than $250 do I need to just document (with dates and amounts) the donations made throughout the year?
Any help would be greatly appreciated! I am a little nervous about the examination and I have been unable to reach my tax preparer.
Thank you
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