Monday, January 20, 2014

15 incredible tax deductions- MSN Money

15 incredible tax deductions- MSN Money








15 incredible tax deductions

Hang on to those cat food receipts -- you'd be surprised what some people have written off on their taxes.
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House on fire © Bill Stormont/Alamy
Weird deductions
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 15 of our favorites.

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