Kiplinger, 10 Fat-Chance Tax Deductions:
Over the years, taxpayers have concocted a lot of zany arguments to justify tax deductions. We’ve come up with what we think are the 10 most creative ones that the courts decided did not quite work. As secret agent Maxwell Smart would say, “Missed it by that much!”
- Overdone Overdrafts
- Red Blood Cell Depletion Allowance
- Prostitutes and Porn
- Burning Down the House
- Hush Money
- Vegas Gambling Junket
- Meals with Colleagues
- Designer Clothes
- Wrecking a Rental Car
- Shoddy Construction
