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Crazy Tax Deductions: Breast Implants, Swimming Pools and More

It's tax season, which means people across the nation are wracking their brains to think of things to claim as business costs or medical expenses. Taxpayers looking for guidance in their own quests to maximize deductions would do well to check out our gallery, which includes both inspiring instances of successful savings and cautionary tales of IRS Icaruses who flew too close to the sun.



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TurboTax Articles

Keeping Yourself Safe From Tax Scams Today

During tax time, there are numerous types of tax scams. These illegal schemes can result in the taxpayer being responsible for extra interest, penalties and possible criminal prosecution. Tax schemes and scams attempt to gain access to your financial information by email, telephone, fax or mail. They also may attempt to falsely collect tax you owe to the Internal Revenue Service. Using TurboTax ensures your financial information remains safe.

Health Care and Your Taxes: What's the Connection?

Your cost for Marketplace health insurance is based on the income you file on your tax return. Your reported income also determines your eligibility for the tax credits and penalties associated with Marketplace health coverage. Everyone has to have health insurance and by filing your taxes, you let the government know if you carry health insurance. The tax system acts as a way for the government to levy a penalty on those who don?t have it and to provide assistance, by means of a tax credit, to those who do.

Documents You Should Save for Tax Time

Settling your account with the Internal Revenue Service each year doesn?t need to be a frantic search for the information you need to file your tax return. Knowing what documents to have at your fingertips can help to reduce filing difficulties and possibly your tax bill.

Do The Math: Understanding Your Tax Refund

For most people, tax is collected by an employer at a rate that estimates your tax for the year. Your actual earnings and the deductions that you?re allowed to claim might cause you to pay too much tax, which leads the Internal Revenue Service to issue you a refund. "The idea behind a tax refund is quite simple," says James Windsor, a certified public accountant from Ann Arbor, Michigan. "When you pay more tax than you owe, the Internal Revenue Service returns the overpayment as your refund."

5 Tax Tips for Single Moms

If you?re a single mom filing your taxes, make use of tax credits and deductions that can help reduce your taxable income and reduce the amount of tax you pay. A number of strategies, credits and deductions can be used to reduce taxable income, and in some cases, allow tax refunds even if you didn?t pay in any taxes. When you use TurboTax, we?ll ask simple questions and handle these calculations for you.

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rjnod80

years back central air conditioning was a deduction for asthmatics. not any more

April 11 2013 at 9:46 AM Report abuse rate up rate down Reply
mouse

Business deductions must include things like office machines so why not bigger boobs? Reduction goes to medical.

April 06 2013 at 2:47 PM Report abuse rate up rate down Reply
karaoqequeen6157

so ridiculous she can claim a deduction for something she opts to do

April 06 2013 at 11:15 AM Report abuse rate up rate down Reply
signal1236

Warm in the winter shade in the summer.

April 06 2013 at 10:08 AM Report abuse rate up rate down Reply
Old Fox Inn Inc.

I once saw Chesty at the Indy 500 track .... she had a tiny dog in her cleavage ... it was certainly something to see lol

April 06 2013 at 9:27 AM Report abuse rate up rate down Reply
dl0007

I can understand she makes more money. However, what's really sad is she has an excellent figure (excluding the obvious), and a very pretty face. Give her a haircut and a normal size chest and she would be one hot mama!

April 06 2013 at 7:33 AM Report abuse +1 rate up rate down Reply
1 reply to dl0007's comment
fairytwo4

her face? i guess someone needs to school me on what a pretty face is.

April 11 2013 at 1:01 AM Report abuse rate up rate down Reply
dhartson

So Springer.................do you expect any less? Pure Liberal trash!

April 06 2013 at 1:11 AM Report abuse rate up rate down Reply
1 reply to dhartson's comment
BUSHWACKED

Pure Liberal conservative trash

April 06 2013 at 2:06 PM Report abuse rate up rate down Reply
badhog8

fake don't count

April 05 2013 at 10:16 PM Report abuse +3 rate up rate down Reply
bba007

When she has the reduction they should be made about the size of her brain, pea sized.

April 05 2013 at 9:56 PM Report abuse +1 rate up rate down Reply
ae12wrangell

Tax deductions on ****?! That is so weird

April 05 2013 at 9:02 PM Report abuse +3 rate up rate down Reply