Slide Show | February 2010

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EXTRAORDINARY TAX DEDUCTIONS

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Okay, admit it: As you've struggled with your tax return, trying to come up with some extra deductions to pump up your refund or reduce what you owe, you've taken a few flights of fancy. "Can I claim a deduction for all those blood donations at the Red Cross?" Nope. "How about a charitable contribution for all the time I donate to the church?" No, again. "Can I count the wedding gift for my boss's daughter as an employee business expense?" Come on!
On the other hand, your fellow taxpayers have successfully claimed write-offs for many things that most of us wouldn't even imagine, ranging from cat food to a casualty loss for a vehicle totaled by a drunk driver.

Here are 14 of our favorites. The slide show begins to the right.

By Peter Blank, Editor, The Kiplinger Tax Letter
Illustrated by Chloe Magner

EXTRAORDINARY TAX DEDUCTIONS
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