I have a question about claiming childcare expenses. If I lack a receipt for childcare expenses, what amount of expenses am I still able to claim without causing tax verification issues?
You need to be able to verify childcare expenses in case of an audit. If you don’t have proof that you paid these expenses, you can’t claim the credit.
You don’t have to bring the receipts to your tax pro or mail them with your return. Just keep them with your personal records for at least three years.
Get a better understanding of taxes for immigrants, expats and green card holders. This guide helps answer basic questions about special filing circumstances.
Learn more from our tax experts at H&R Block about the premium tax credit and how to receive it as an advance credit or claim it as a refundable credit.
If you’re itemizing deductions, the IRS generally allows you a medical expenses deduction if you have unreimbursed expenses that are more than 7.5% of your adjusted gross income for tax years 2017 or 2018. You can deduct the cost of care from several types of practitioners at various stages of care.
What are the rules for deducting moving expenses? Learn how work-related moving expenses affect your taxes and get tax answers at H&R Block.