What is typically required for taxpayers to deduct expenses on their tax return?

To deduct expenses on their tax return, taxpayers are generally required to provide a detailed receipt for each expense claimed. This is important because it serves as proof of the expense and helps ensure that the deduction is legitimate. The IRS requires documentation that clearly outlines what the expense was for, the amount, and the date it was incurred. Having this detailed documentation supports the validity of the claim during audits or reviews.

While verification documents for income, a minimum amount of total income, and a summary of expenses may be relevant in certain contexts, they do not specifically satisfy the requirement for deducting expenses. The critical aspect is the possession of detailed receipts, as these records substantiate each deduction and help delineate what is deductible versus what is not.