At 08:16 AM 11/6/03 -0500, R. D. Davis wrote:
Quothe Joe, from writings of Thu, Nov 06, 2003 at
07:25:10AM -0500:
At 10:02 PM 11/5/03 -0800, someone wrote:
I rather figured this was the case, and was part
of why I recommended
getting professional advice. Any idea if storage costs go towards
showing
that you didn't make a profit? Unfortunately in my case, I don't
have
receipts that show how much I paid for all this junk, and I sure
can't
remember in most cases.
If all else fails in dire straits, surely the person in question has
enough different printers, and printing calculators, in their
collection, that can produce different types of print, from dot-matrix
to thermal and laser, as well as aged paper, to fudge a few receipts
if necessary. ;-)
Hmm. This got me thinking. I often find paper work with this stuff
showing it's original costs (in the tens of thousands of dollars!) or
it's
estimated used value (still in the $1000 range). I wonder if the IRS
would
accept that instead of the reciept showing that I paid $2 for it :-)
Joe