GoFuckYourself.com - Adult Webmaster Forum - View Single Post - Have you ever written off more than you reported?

03-29-2004, 05:34 PM

I just finished doing my taxes and I've written off more than I've reported. I didn't think it would happen, yet it did. The only discrepency is that I stashed away 50% of what I made and I have 0 debt. Would there be a high chance for an audit, and if so, is there any chance that the receipts I have wouldn't be of any use, even if categorized and approved by my CPA?

Have you ever been in this position? I'm stumped and I've recorded every pay stub/paypal transaction I can find. Should I file it like this or hold back on some of the writeoffs?

03-29-2004, 05:34 PM
shermo Guest Posts: n/a	Have you ever written off more than you reported? I just finished doing my taxes and I've written off more than I've reported. I didn't think it would happen, yet it did. The only discrepency is that I stashed away 50% of what I made and I have 0 debt. Would there be a high chance for an audit, and if so, is there any chance that the receipts I have wouldn't be of any use, even if categorized and approved by my CPA? Have you ever been in this position? I'm stumped and I've recorded every pay stub/paypal transaction I can find. Should I file it like this or hold back on some of the writeoffs?