Okay, we know we taught you some sneaky expenses that you can deduct on this year’s taxes, but let’s not take it too far…
WRATH — Politicians: One disgruntled taxpayer wanted to claim an elected official because he “pays his salary.”
GREED — Unborn children: One woman wanted to claim her unborn infant for the months she was pregnant last year even though she gave up the newborn for adoption.
SLOTH — Dancing lessons: “Dancing With The Stars” may be popular, but it’s not going down well with the IRS as the subject of a deduction. You cannot take dancing as a deduction for medical expenses, and the following reason are outlawed: dancing to relieve varicose veins, dancing to cure arthritis and finally, dancing to alleviate nervous disorders. Try any of these and you’ll be dancing all the way to the tax courts.
PRIDE — Weddings: Even if you invite business associates to your child’s wedding, don’t do what one person tried to do, which was to deduct the full cost of the wedding reception as a business expense. Talk about unromantic.
LUST — Blood: People often inflate the value of what they give to charities. One CPA client wanted to deduct the market value of the blood he donated.
ENVY — A trip to the Super Bowl: Someone decided to take clients and their spouses to the Super bowl, but just could not prove that the shindig was in any way related to business. And even if it was, it’s an extravagant expense for a meeting and would have been disallowed anyway.
GLUTTONY — Happy Meals: One taxpayer who commuted to work across state lines tried to deduct the tax on the Happy Meals he purchased on his lunch break. Turns out that he couldn’t claim the extra tax since his meal was consumed in the same state — but he did, in fact, owe the difference to his home state upon return.