out-of-pocket expense

[jainen]

I've had clients resist when I tell them they need contemporaneous written acknowledgement for volunteer out-of-pocket expense over $250. In 136 TC No. 25, the Tax Court reaffirms the requirement.

[TAXBILLY]

http://www.ustaxcourt.gov/InOpHistoric/VanDusen.TC.WPD.pdf

taxbilly