Tax Deductions for Eggs and Monkeys

July 2002
Journal of Financial Planning;Jul2002, Vol. 15 Issue 7, p25
Academic Journal
This section provides information on various unusual tax claim cases encountered by Don Williamson, director of the Graduate Tax Program at the Kogod School of Business at American University in the U.S. A taxpayer claimed a deduction for education credit registration fees paid at certain exclusive private schools to put her child on a wait list, that is, a child yet to be born. A taxpayer claimed a casualty loss after his pet monkey got out of his cage and tore up the man's home. A woman claimed a deduction for her donation of an egg for a medical experiment.


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