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Can I use my online bank statements instead of expense receipts for doing my 2006 IRS taxes?



For example, for my medical travelling necessities I do not have all my gas receipts but I can determine from my online bank statements which of the items are my gas purchases.

Any good online resources for total tax dummies (idiots) that tells you what documents are acceptable and what documents are not would be greatly appreciated.

PLEASE ONLY RESPOND IF YOU ARE KNOWLEDGEABLE ABOUT THIS SUBJECT. Thank YOU!

No you cannot use your bank statement but you can use the medical miles driven.
auditors will want recipts but in this case you have MILAGE not cost of gas that can be used for a deduction. gas recipts are only good for company fleet vehicles.
http://www.irs.gov
All of my income tax clients use medical mileage, which would be round-trip miles for doctor visits, hospital visits, eye exams, testing, etc.

I usually suggest they use a calendar for the appointments, so just jot down the miles on the calendar, and add them up monthly or whatever. So long as you can re-create your year, whether from statements of doctor visits (which will have the dates) or a calendar, or whatever... you'll be okay if you're audited.

Generally, the IRS doesn't accept cancelled checks as proof of payment on most expenses (don't ask me why, because I have no logical explanation for that one) but they will use receipts.

Credit card bills or bank statements showing debit purchases should do the trick for documentation of expenses, since they're dated and list some kind of "shorthand" for the place the card was used.

Hope this information is helpful.
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