Passive Activity Loss ATG - Exhibit 4.4: Activity Log
Publication Date - December, 2004
NOTE: This guide is current through the publication date. Since changes may have occurred after the publication date that would affect the accuracy of this document, no guarantees are made concerning the technical accuracy after the publication date.
Table of Contents / Chapter 5
Tax Code, Regulations and Official Guidance Search
Exhibit 4.4: Activity Log
Business/Property:__________________ Year:____________
Complete the following by day:
|
Date |
Hours Spent |
Description of Service Performed. Be as specific as possible. By each service, enter H or W for husband or wife. |
If requested, how could activity be verified? |
_________________________________________________________________________________
_________________________________________________________________________________
_________________________________________________________________________________
_________________________________________________________________________________
_________________________________________________________________________________
_________________________________________________________________________________
_________________________________________________________________________________
_________________________________________________________________________________
_________________________________________________________________________________
Under penalties of perjury, I declare that I have examined the information contained on this worksheet, including attached worksheets and statements, and to the best of my knowledge and belief, it is true, correct and complete.
__________________________________ ___________________
Signatures (both spouses, if married) Date
Reg. § 1.469-5T(f)(4) provides that reasonable means for proving hours may include a statement of services performed AND approximate hours based on appointment books, calendars, etc. To meet his burden of proof under IRC 7491, the taxpayer must comply with the recordkeeping requirements of the regulations.
Rate the Small Business and Self-Employed Web Site
