Message Font: Serif | Sans-Serif
 
UnThreaded | Threaded | Whole Thread (4) | Ignore Thread Prev Thread | Next Thread
Author: MissEdithKeeler Big gold star, 5000 posts Top Recommended Fools Old School Fool Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 118626  
Subject: Threw away Receipts! Date: 1/9/2013 8:14 PM
Post New | Post Reply | Reply Later | Create Poll Report this Post | Recommend it!
Recommendations: 0
Hi, I'm new to the board, so I'm not sure if this is the right place, or if this is one of those just really stupid questions, so apologies in advance if necessary.

My taxes are going to be complicated (for me!) this year. I moved, turned my house in Texas into a rental, had a boatload of medical expenses, and some other things I won't go into right now.

I've started work on my taxes and I realized that I did not keep any of the receipts associated with my move, which was, technically, for my job--I took a lower position in my hometown to be closer to my mom, who was diagnosed with Parkinson's. As far as I can tell from reviewing the material, I can still claim this on my income tax... but alas, I didn't save any receipts.

I can get credit card records, but will that be enough if I'm ever audited?

I'm probably going to have a CPA review my stuff this year, because I'm going to need all the deductions I can get (I also took a hardship distribution from my 401K--no lectures, please!) so I know I'm going to get hammered.

All comments and suggestions appreciated.
Print the post Back To Top
Author: irasmilo Big gold star, 5000 posts Old School Fool Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: 117331 of 118626
Subject: Re: Threw away Receipts! Date: 1/9/2013 9:20 PM
Post New | Post Reply | Reply Later | Create Poll Report this Post | Recommend it!
Recommendations: 2
Credit card records are better than nothing, but an auditor doesn't have to accept them because they generally don't detail what was purchased.

However, since most companies store everything electronically, you might be able to get copies of the original receipts from the vendors.

Ira

Print the post Back To Top
Author: vkg Big gold star, 5000 posts Old School Fool Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: 117333 of 118626
Subject: Re: Threw away Receipts! Date: 1/9/2013 9:30 PM
Post New | Post Reply | Reply Later | Create Poll Report this Post | Recommend it!
Recommendations: 0
Do you have online access for your medical insurance?

Normally, EOBs are available online.

Print the post Back To Top
Author: TMFPMarti Big funky green star, 20000 posts Home Fool Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: 117334 of 118626
Subject: Re: Threw away Receipts! Date: 1/9/2013 9:49 PM
Post New | Post Reply | Reply Later | Create Poll Report this Post | Recommend it!
Recommendations: 3
I did not keep any of the receipts associated with my move,

Before you fret too much about receipts, be sure to read Publication 519 to learn about what expenses matter. (Not many associated with moving do.)

Phil
Rule Your Retirement Home Fool

Print the post Back To Top
UnThreaded | Threaded | Whole Thread (4) | Ignore Thread Prev Thread | Next Thread
Advertisement