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Tax Me if You Can

TAX ME IF YOU CAN BIZARRE THINGS YOU CAN GET TAX REDUCTIONS FOR MEDICAL EXPENSES The IRS allows you to deduct medical expenses as long as they're 7.5% or more of your adjusted gross income Deductions can be used for: Weight loss As long as your doctor signs off on it, this could include: Doctor's visits Chiropractor visits Personal trainers Gym membership Acupuncture Christian Science practitioners Equipment Meal plans Consultations Up to 23.5 CENTS PER MILE may be deducted for travel expenses SEX CHANGE OPERATION SWIMMING POOL A man who felt that he was a woman trapped inside a man's body was diagnosed with gender-identity disorder A man who was diagnosed with emphysema was told by his doctor that swimming would help improve his lung health The IRS granted his claim that a sex-change operation was a medical expense since it was to treat a The IRS allowed him to deduct diagnosed disease the cost of his pool, chemicals and supplies as a medical expense $14,500 was deducted to cover hormone therapy and sexual-reassignment surgeries CLARINET LESSONS COSMETIC SURGERY If your kid has an overbite, clarinet lessons are a good way to go In 1988, a stripper named Chesty Love claimed a $2,088 breast enlargement surgery as a business expense In 1962, orthodontists argued that playing the clarinet helps with a child's overbite and should qualify as a medical expense. Tax deductions can be obtained for the cost of the She was granted the deduction in appeals court instrument and lessons WHALING SHIPS As of 2004, whaling captains are eligible for up to $10,000 IN DEDUCTIONS for ship repairs, equipment purchases and other whaling expenses In the US, whaling is banned for all but Native American cultures Disclaimer: Photos not of actual patients, for representative purposes only Presented Sources: DEVELOPED BY N NOWSOURCING

Tax Me if You Can

shared by NowSourcing on Sep 16
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This infographic provides a deeper look into bizarre things you can get tax deductions for.


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