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<blockquote data-quote="Crothian" data-source="post: 5420262" data-attributes="member: 232"><p>Other items people itemize are medical expenses that can include doctor visits, prescription medicine, dental, eye glasses and visits, etc. The IRS has a specific list of items and some of them are things not normally covered by insurance like some elective cosmetic surgeries. </p><p></p><p>Donations in both cash and non cash items are also a good deduction. \Non cash donation that are valued at a few hundred dollars or more though are a good way to get an audit. I encourage anyone that does a good amount of non cash donations to photograph the items being donated individually and also keep a journal of what the items are, their condition, and they individual worth. When one finds him/her self in an audit there don't seem to be such a thing as too much documentation. This is based off what what Enrolled Agents have told me, I'm not qualified to be present in case of an audit. </p><p></p><p>If you are going to do taxes yourself I would suggest you to order a Pub 17 from the IRS (they are free). It has all the basic tax information in it just in case you need to look something up. Reading it is no more difficult then most RPGs manuals. <img src="https://cdn.jsdelivr.net/joypixels/assets/8.0/png/unicode/64/1f600.png" class="smilie smilie--emoji" loading="lazy" width="64" height="64" alt=":D" title="Big grin :D" data-smilie="8"data-shortname=":D" /></p></blockquote><p></p>
[QUOTE="Crothian, post: 5420262, member: 232"] Other items people itemize are medical expenses that can include doctor visits, prescription medicine, dental, eye glasses and visits, etc. The IRS has a specific list of items and some of them are things not normally covered by insurance like some elective cosmetic surgeries. Donations in both cash and non cash items are also a good deduction. \Non cash donation that are valued at a few hundred dollars or more though are a good way to get an audit. I encourage anyone that does a good amount of non cash donations to photograph the items being donated individually and also keep a journal of what the items are, their condition, and they individual worth. When one finds him/her self in an audit there don't seem to be such a thing as too much documentation. This is based off what what Enrolled Agents have told me, I'm not qualified to be present in case of an audit. If you are going to do taxes yourself I would suggest you to order a Pub 17 from the IRS (they are free). It has all the basic tax information in it just in case you need to look something up. Reading it is no more difficult then most RPGs manuals. :D [/QUOTE]
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