What documents are needed to itemize deductions on my tax return?
When itemizing your tax return you will need to provide accurate records. Documents needed to itemize deductions need to prove the following:
- You paid the expenses during the year that you’re itemizing.
- The expenses were deductible.
The type of deduction you claimed dictates the kind of documents you’re required to have. Ex: For the real property tax deduction, you should have a document from the taxing authority that says:
- You actually paid the balance.
- The tax was based on the value of the property.
Related Resources
If your business uses gasoline or diesel fuel, you may earn a tax credit. Learn more about excise tax credit for fuel and get tax answers at H&R Block
Should you take the standard mileage deduction or claim actual expenses? Learn more from the tax experts at H&R Block.
What’s the difference between an enrolled agent (EA) vs. a certified public accountant (CPA)? Explore the roles of EAs and CPAs at H&R Block.
Want to know more about NJ property tax rates? Read on to learn who owes NJ real property taxes, how to pay, and when to pay.
