The IRS allows some surprising tax deductions! You can deduct medical expenses like service animal care, some cosmetic surgeries, and even clarinet lessons to fix an overbite. Owning a business? Body oil for bodybuilding and whaling boat repairs are deductible. Remember, these deductions only apply in specific situations and you might need a doctor's note.
*Ransoms: Deductible as a business expense if substantiated.
*Body Oil: Deductible for professional bodybuilders.
*Clarinet Lessons: Deductible if they correct a medical condition.
*Cosmetic Procedures: Deductible if they correct deformities related to congenital issues, accidents, or diseases.
*Elevators: Deductible for mobility issues, with restrictions.
*Swimming Pools: Deductible if prescribed for medical treatment.
*Tutors: Costs for specialized tutors for children with learning disabilities are deductible.
*Wedding Leftovers: Donations of wedding food or attire can be deducted as charitable contributions.
*Whaling Boat Repairs: Deductible for certain Native American tribes.
Itemizing deductions is beneficial only if they exceed the standard deduction, which is $13,850 for individuals and $27,700 for married couples filing jointly in 2023. Heads of households have a $20,800 standard deduction. For those 65+ or blind, the standard deduction increases by $1,500 ($1,850 for single filers and heads of households). Always consult a tax professional for advice specific to your situation.
excerpt from: Jack Waggoner https://www.aarp.org/.../info-2023/weird-tax-deductions.html
