tax lae

Which of the following statements is TRUE in relation to General Deductions? Select one: It is recommended that taxpayers keep documentation to substantiate their claims, but it is not mandatory Taxpayers can claim a deduction for an expense that has been or will be reimbursed It is sufficient, under ITAA97 s 8-1, if a taxpayer can prove that an expense was incurred while earning assessable income A taxpayer can claim a deduction for child care services under ITAA97 s 8-1, but only if the taxpayer can prove that the services were needed to allow the taxpayer to go to work and earn assessable income If an expense meets the definitions for BOTH General and Specific Deductions, the taxpayer should choose the most appropriate classification and deduct it once only