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Thank you if I had any addl questions. I do have one..what

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Thank you for asking if...
Thank you for asking if I had any addl questions. I do have one..what if I cannot find records as to how my great grandfather gave the land to his children (my grandmother) to determine if it was a gift or at his death. if I can't find out that info, unless I get audited by the IRS, is it THAT large of a problem to deduct off the 6.00 per acre x 1200 acres or 7100.00 off of the 85k I will get ?
Submitted: 1 year ago.Category: Tax
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Customer reply replied 1 year ago
I do know that in 1946 he paid 6.00 per acre on 1200 acres so that is information I would be able to substanciate to the IRS in an audit
Answered in 5 minutes by:
5/22/2016
Tax Professional: Christopher B, Esq., Tax Attorney replied 1 year ago
Christopher B, Esq.
Christopher B, Esq., Tax Attorney
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