Receipts for tax deductions

[zetta]

Is keeping a copy of your credit card bill sufficient for tax purposes, or do you have to have the actual receipt for each purchase?

[sweeps]

Why Your Credit Card Statement Might Not Prove a Tax Deduction

[MonkeyMama]

I'd keep receipts, for sure. More info is better, in case of audit.

[momof1in150]

I keep receipts. I usually photocopy the receipts as they fade quickly and are easier to store. They do make a gizmo that you can scan them into your computer, or just place them on the scanner and scan a page at a time.

[Like2Plan]

I thought the gold standard was a receipt from the charity with a statement whether or not you received any benefit from the donation (which if you did, you would have to subtract from the donation amount).

[m3racer]

I'd keep receipts, for sure. More info is better, in case of audit.

According to that link it seems that keeping a credit card statement would be adequate as long as the amount is <$75.