More Articles
Color, Mac OS X (10.6.8) Posted on Jan 30, 2013 1:36 PM. Call apple and they will help you get a new receipt for the item you purchased. Under these statutes, mechanics and other service providers must give you a detailed estimate of all work to be done, disclose whether used or rebuilt parts are being installed, and give you a quote for the costs. If your mechanic fails to give you an estimate of the work or fails to honor the estimate, you may want to call a lawyer.
When preparing taxes, you naturally want to take every allowable deduction. For example, some of these deductions may be unreimbursed business expenses. Because you do not turn in any receipts with your tax return, you don’t need receipts to claim the deductions when you file. However, if the Internal Revenue Service has a question about a deduction, you may be asked to supply documentation to support your deduction claim, which is why many taxpayers choose to keep receipts.
Receipts You Need
If you deduct meals and travel, you need receipts with the name of the establishment you visited, the date you were there and the amount you spent. A cancelled check cannot serve as evidence of a business expenditure by itself. You must have additional documentation to prove it was a business expense or an expense you incurred as part of your employment. A bill for a service or product can serve as proof of an expense. You should also be prepared to provide an invoice or receipt showing the cost basis of items such as stocks, bonds, real estate and equipment that you depreciate. Depreciation takes into consideration the loss in value of the equipment over a period of time.
Electronic Records
You may present electronic records to support your claims for expenses. This can include images of cancelled checks, as well as scans of receipts, invoices and bills. You do not need the original receipts if you can provide a clear scan. You may also create a record of expenses on a computer. The IRS will accept your accounting records that are entered on a computer instead of in accounting books.
Receipts You Don’t Need
You do not have to provide a receipt for money you put into a health savings account. If you claim deductions on Schedule C for a business, you can deduct your health insurance premiums without providing a receipt. You can deduct interest you pay on student loans without documentation, and take off moving expenses for relocating due to a job. You won’t have to provide receipts for these expenses. If you use your car for business purposes as well as personal trips, you must divide your business miles by the total miles you drove in the year to get your business use percentage. Multiply that percentage by each of your vehicle expenses so you know how much you can deduct on your taxes. Finally, you won't need receipts from any institution that already files information with the IRS, such as a college or university.
Income Sources
Although income is not a deduction, you should keep records of payments you receive from income sources. These records can support your claim for any deductions that are associated with that income. For example, if you deduct craft supplies for a product you make and sell, it's wise to document your income from selling that product so that your expenses can be classified as a business expense.
- fattura 3 image by Rido from Fotolia.com
Read More:
Although not required in all states, rent receipts are useful for both landlords and tenants. Learn what information to include in this important document—and how it might help with your taxes.
by Ronna L. DeLoe, Esq.
updated June 27, 2019 · 3min read
If you're a landlord, some states may require you to provide rent receipts to your tenants. In addition to helping landlords keep meticulous records, these important documents provide tenants with proof that their rent has been paid.
Landlord Benefits of Providing Rent Receipts
There are several reasons landlords should provide rent receipts, including helping the landlord or management company maintain a professional appearance. Rent receipts also help landlords keep track of which tenants have paid and which haven't.
Note, however, that a rent receipt of payment by check isn't proof that the check actually cleared. If the check doesn't go through, the landlord can still, upon giving proper notice, go after the tenant for nonpayment of rent.
Tenant Benefits of Having Rent Receipts
Do They Give You A Receipt When You Brink Your Mac For Repair Kit
If you're a tenant, a landlord's rent receipt provides proof that you're current with your rent payments. Should the landlord ever claim you haven't paid, you can produce a copy of your rent receipts. Likewise, if a landlord sues you for nonpayment or takes you to court for eviction due to nonpayment, you can prove you're up to date by showing rent receipts to the judge. Note that the the rent receipt does not show whether a rent check has cleared.
Rent receipts also show when you paid the rent, which can protect you in the event the landlord wants to charge a late fee.
State Requirements for Rent Receipts
Some states require landlords to provide tenants with rent receipts. Washington, Maryland, and New York require rent receipts if the tenant pays in cash. Those states, and others require rent receipts upon the tenant's request, while others, including Massachusetts, require rent receipts in any situation.
Some cities require rent receipts even if the state doesn't, so check with your city's local housing board. If you're the tenant, it's better to pay by check than by cash so you have an additional record of payment.
Rent Receipts for Tax Purposes
If your state is one that allows a tax deduction for payment of rent, make sure you get a receipt every month. If the landlord won't provide one, you can prepare a receipt online and present it to the landlord for signature. Include the date, the amount paid, the rental address, what month the payment represents, your name, and unit. To make the process easier, you can also use an online rental receipt form.
As a tenant, you may also want a receipt if you work at home and want to claim a tax deduction for business use.
Do They Give You A Receipt When You Brink Your Mac For Repair Shops
How to Fill Out a Rent Receipt
Do They Give You A Receipt When You Brink Your Mac For Repair Service
Whether you're the landlord or the tenant preparing a rent receipt for the landlord to sign, there is certain information a rent receipt should contain, including:
Do They Give You A Receipt When You Brink Your Mac For Repair Near Me
- The landlord's or managing agent's name, address, and phone number
- The tenant's name and rental address, with apartment number, if applicable
- The date of the receipt
- The landlord's acknowledgment that he received the tenant's payment
- Which month the rent is for, including the first and last day the rent covers
- The amount of the rent payment
- How the tenant paid the rent, such as in cash, by check, or by credit card
- The check number, if applicable
- The landlord's signature
- Receipt number, which is optional
Whether you're a landlord or a tenant, rent receipts are easy to create and fill out. You can prepare one yourself using the above guidelines or let an online service provider prepare a professional-looking receipt for you.