Tax Day is Here! The one thing we can be certain of (besides meeting up with the Reaper – but I generally Don’t Fear the Reaper…) every year!
IRS expectations for returns processed this year are at about 138 million, and accompanying those returns will be a very interesting array of tax deduction requests.
Sure, most will be run-of-the-mill including such office supplies and mortgage interest, vehicle mileage, and child care deductions. Of course, there will be… the others – ones that you may not have heard of before!
On its website, TurboTax pays homage to some of the most off-the-wall, offbeat tax deductions through the years permitted by the IRS.
Among the “weirdest deductions allowed“:
- A bodybuilder’s body oil so his muscles would glisten in competition
- A private airplane for owners of investment properties
- Landscaping for a sole proprietor that meets clients at home
- A swimming pool for a man with emphysema
Tax deductions are prized by U.S. taxpayers. Hopefully, your 2008 tax returns included some good ones, too.
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I hope you found this post useful! As always, if you or anyone you know is in need of a local Florida mortgage loan originator, I’m your guy. Call me at 888-859-7418 or apply online for your Florida mortgage. We’ll keep you posted and let you know when it’s time to pull the trigger!
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