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Old 04-01-09, 01:58 AM   #6
Tchocky
Navy Seal
 
Join Date: Jul 2004
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_Charitable contributions over $250 are supposed to include an acknowledgment letter from the charity in order for a deduction to be taken. Out of 49 charitable contributions made, three letters couldn't be found.
_Sebelius and her husband took deductions for mortgage interest that they weren't entitled to. The couple sold their home in 2006 for less than what they owed on the mortgage. They continued to make payments on the mortgage, including interest. But since they no longer owned the home they weren't entitled to take deductions for the interest. The same thing happened with a home improvement loan. Sebelius said they "mistakenly believed" the payments were still deductible.
_Insufficient documentation was found for some business expense deductions.
I'll get the torches ready if you guys build the pile.
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