Michael and Jan filed their 2018 tax returns (married filling jointly). In total, they made...
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Michael and Jan filed their 2018 tax returns (married filling jointly). In total, they made $25,000.00 in cash contributions to a qualified charitable organization in 2018, but did not receive a receipt for that organization and did not keep any records of those contributions themselves. In 2019, they were notified by the IRS that their 2018 return was selected for examination and audit. Based on these facts and the requirements of charitable deductions, will the IRS allow this deduction? Why or why not?
Michael and Jan filed their 2018 tax returns (married filling jointly). In total, they made $25,000.00 in cash contributions to a qualified charitable organization in 2018, but did not receive a receipt for that organization and did not keep any records of those contributions themselves. In 2019, they were notified by the IRS that their 2018 return was selected for examination and audit. Based on these facts and the requirements of charitable deductions, will the IRS allow this deduction? Why or why not?
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