Question

You do not need to see proof of cash donations made by taxpayer if you feel that the information is not unusual or questionable. A. True B. False

Answer 1

Answer:

The correct answer is letter "A": True.

Explanation:

The Internal Service Revenue (IRS) offers Volunteer Income Tax Assistance (VITA) for elderly people who do not know how to file taxes on their own. The volunteers follow a series of practices during the interview with the taxpayers to gather their taxable information accurately. The principle of Due Diligence allows volunteers to ask for clarification when the taxpayer information seems unclear or inconsistent. However, if the information is not unusual, there is no need to request proof of it.