Anonymous
Post 02/17/2014 13:25     Subject: Bank statements sufficient?
How old are you? Is this your first time doing your taxes?
Anonymous
Post 02/17/2014 08:56     Subject: Bank statements sufficient?
Anonymous wrote:
Anonymous wrote:For medical expenses you will need either a statement from your provider with specific dates of service, service provide and the amount you paid, or you will need copies of receipts. If you have insurance coverage, the EOBs may suffice if it shows the amount you owe and you can tie it back to the bank statement for what you paid.


Thank you. I have a lot of receipts to chase down then.


But would OP need to supply those receipts only if the IRS questions them?
Anonymous
Post 02/17/2014 07:52     Subject: Re:Bank statements sufficient?
Can you print eob from insurance website?
Anonymous
Post 02/17/2014 05:39     Subject: Bank statements sufficient?
Anonymous wrote:For medical expenses you will need either a statement from your provider with specific dates of service, service provide and the amount you paid, or you will need copies of receipts. If you have insurance coverage, the EOBs may suffice if it shows the amount you owe and you can tie it back to the bank statement for what you paid.


Thank you. I have a lot of receipts to chase down then.
Anonymous
Post 02/16/2014 21:42     Subject: Bank statements sufficient?
Ooohhh
Myyyy
Goodness
Anonymous
Post 02/16/2014 19:11     Subject: Bank statements sufficient?
Anonymous wrote:
Anonymous wrote:what would bank statements show? that you spent money? i don't think that is going to be enough


Really? Isn't it obvious?
It shows that I made payments to a specific hospital/doctors office


Nothing is obvious, OP, since you aren't providing enough information.
Anonymous
Post 02/16/2014 19:10     Subject: Bank statements sufficient?
For medical expenses you will need either a statement from your provider with specific dates of service, service provide and the amount you paid, or you will need copies of receipts. If you have insurance coverage, the EOBs may suffice if it shows the amount you owe and you can tie it back to the bank statement for what you paid.
Anonymous
Post 02/16/2014 18:59     Subject: Bank statements sufficient?
Anonymous wrote:what would bank statements show? that you spent money? i don't think that is going to be enough


Really? Isn't it obvious?
It shows that I made payments to a specific hospital/doctors office
Anonymous
Post 02/16/2014 17:43     Subject: Bank statements sufficient?
what would bank statements show? that you spent money? i don't think that is going to be enough
Anonymous
Post 02/16/2014 17:11     Subject: Bank statements sufficient?
Anonymous wrote:What are you trying to accomplish? If you are trying to deduct business expenses, for example, you would need receipts.


It's mostly for medical payments/bills
Anonymous
Post 02/16/2014 17:01     Subject: Bank statements sufficient?
What are you trying to accomplish? If you are trying to deduct business expenses, for example, you would need receipts.
Anonymous
Post 02/16/2014 17:00     Subject: Bank statements sufficient?
Anonymous wrote:I'm going to guess and say for taxes.



Yes, for taxes
Anonymous
Post 02/16/2014 16:26     Subject: Bank statements sufficient?
I'm going to guess and say for taxes.

Anonymous
Post 02/16/2014 16:24     Subject: Bank statements sufficient?
For what?
Anonymous
Post 02/16/2014 16:22     Subject: Bank statements sufficient?
Or do you need receipts for everything?