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If a business owner paid for business expenses with their personal account, and those expenses would otherwise be deductible, they O CANNOT be deducted on the tax return because they weren't paid for from a business account GAN be included on the tax return as long as proof of the expenses is sent with the return CAN be deducted on the tax return CANNOT be deducted because the IRS requires separate business and personal bank accounts. Mark for follow up Question 27 of 35. Circular 230 due diligence requirements apply to all of the following tax retums, EXCEPT: Individual tax returns. Entity tax returns Tax returns that are claiming the Earned Income Tax Credit, Child Tax Credit/Other Dependent Credit Additional Child Tax Credit American Opportunity Tax Credit, and/or Head of Household filing status. State tax returns Mark for follow up Question 28 of 35V All taxpayers claiming automobile expenses, whether they're using the standard mileage rate or actual expenses will need all of the following, EXCEPT: A business mileage log, including information about the purpose of the trip. Their commuting miles, stated separately from other miles Receipts for their gas purchases and automobile maintenance The total miles that they drove during the year. Mark for follow up

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