Checklist of What Rules and Information the IRS Will Be Verifying

Deductions & Expenses - Insurance

____ House and household insurance premiums on your personal residence were not deducted.

____ If you used the standard mileage rate to compute your automobile expense deduction, you did not deduct your automobile insurance expense.

____ You did not deduct automobile insurance expense for the amount attributable to personal use.

____ Premiums paid on life insurance policies were not deducted.

____ Deductions and/or payments for credit liability insurance or insurance guaranteeing lines of credit were not deducted.

____ As the direct or indirect beneficiary of the life insurance policy on an officer or employee, you did not deduct the premiums.

____ You did not establish that the amount deducted was insurance expense and was paid.

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