5 Weird Tax Deductions You Never Thought Of
When tax season rolls around, many of us find ourselves getting pretty creative when it comes to finding deductions. Most know the basic write-offs, like business travel or computers and office supplies.
But, you’re probably overlooking quite a few others. Sure, not all write-offs apply to everyone, but, we’re willing to bet there are a few that most don’t know about.
That’s why we’re stepping in. Here are 5 weird tax deductions you probably aren’t aware of. Also, let’s hope that one or a few apply to your situation!
1. Pet Moving Expenses
It’s well-known that the IRS allows movers to write off many of their relocation expenses. However, some are just now catching wind that our four-legged friends also qualify as a “personal effect” that can be deducted.
All household goods and moveable personal properties (which pets qualify as), can be written off. Taxpayers should keep an accurate record of these expenses, as the IRS will want to see what was paid.
2. Swimming Pool
Backyard pools are commonly referred to as “money pits”, but during tax season, they may save you. That’s if you have a medical condition that can be improved through swim exercise.
The key to this is you have to be able to prove the pool is for a specific cause. Medical care expenses, i.e. pools and saunas, are not covered if they’re used for general health.
3. Quit Smoking
If you need another incentive to give up cigarettes, consider this your answer. The IRS allows taxpayers to deduct smoking cessation programs as a medical expense.
Keep in mind the IRS does not allow deductions for over-the-counter medications, such as nicotine patches and gum. You must be enrolled in a valid smoking program for your write-offs to be honored.
4. Home Landscaping
This one is for all the independent contractors and other work-from-home employees. We’re privy to the home office deductions, but did you know landscaping fees are also covered?
When filing an online tax return, don’t forget to include any kind of outdoor maintenance costs, such as driveway repair or lawn care. For you to qualify, you must regularly meet with clients at your personal property.
5. School Supplies
A lot of the time, teachers have to reach into their own pockets to provide for a classroom. The IRS allows educators to write off up to $250 for materials for students.
Even if the teacher doesn’t itemize their deductions, they still benefit from this clause. That’s because the $250 is instead subtracted from income.
Know Any Other Weird Tax Deductions?
We’ve heard quite a few others- breast augmentation, giving away free beer, and buying cat food, just to name a few! What are some of the other weird tax deductions you’ve heard of? Share below!
Also, if you enjoyed this article and want to keep getting weirder, you’re in the right place! At Weirdomatic, we point you to all things weird, from trends and news to pictures to health information.
Check out some of our other weird news here! Don’t hesitate to contact us if you have any questions.
Weirdomatic is the place where all weird things come to life through the amazing world of photographs – a corner of our wild imagination or the whimsical face of the reality?
Source: https://weirdomatic.com/5-weird-tax-deductions-you-never-thought-of.html
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