Question

You know Ana pretty well that she is a forgetful person. As a brilliant tax expert, you suspect that there must be a few items where Ana forgot to mention but might bring her tax liability even lower. Name 5 (reasonable) questions to check with Ana regarding the important items that she might forget.
For example: Did you lose any money when gambling in Vegas in 2020? Make sure your questions are “user friendly” for someone who has no tax knowledge.

Answer 1

As the Given Information Provides that, Ana pretty is a forgetful person.

As a brilliant tax expert, there must be a few items where Ana forgot to mention but might bring her tax liability even lower.

The few reasonable question to check with Ana regarding the important items that she might forget, may be as follows:

1. Did you made any prepayments in 2020 ?
2. Have you paid any amount to any qualified charity?
3. Have you received any Extra ordinary Income or Income from Other Sources ?
4. Did you made any other Tax payments such as Advance Tax, TDS or Property Tax ?
5. Is Ana have claimed any Potential Tax Credit ?
6. Did you claimed all the Expenses?
7. Did you have claimed all your Deductions?

The above some reasonable user friendly questions may ask to Ana to check regarding items that she might forget but might bring her tax liability even lower.