Tax Me If You Can [Infographic]

You won’t believe some of the things people have managed to get tax reductions for. Let’s start with sex change operations. A man who felt that he was a woman trapped inside a man’s body was diagnosed with gender-identity disorder. The IRS granted his claim that a sex-change operation was a medical expense since it was to treat a diagnosed disease. $14,500 was deducted to cover hormone therapy and sexual-reassignment surgeries.

Another man was diagnosed emphysema—which occurs when the air sacs in your lungs are gradually destroyed—and was told by his doctor that swimming would improve his lung health. The IRS allowed him to deduct the cost of his pool, chemicals and supplies as a medical expense. In 1988, a stripper named Chesty Love claimed a $2,088 breast enlargement surgery as a business expense. She was granted the deduction in appeals court.

To learn about some other downright bizarre tax reductions people have managed to pull off, check out the infographic below!

Tax Me If You Can: Bizarre Things You Can Get Tax Reductions For

Tax Me If You Can [Infographic] 2
NowSourcinghttp://nowsourcing.com
Brian Wallace is the Founder and President of NowSourcing, an industry leading infographic design agency , based in Louisville, KY and Cincinnati, OH which works with companies that range from startups to Fortune 500s. Brian also runs #LinkedInLocal events nationwide, hosts the Next Action Podcast, and has been named a Google Small Business Advisor for 2016-2018. Follow Brian Wallace on LinkedIn as well as Twitter.

More from author

Leave a Reply!

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Related posts

Advertisment

Categories

Latest posts

5 of the Most Common Lawsuits

There are various reasons you might choose to bring a lawsuit against another person or a business entity. If someone has done...

5 Scrap Wood DIY Projects to Try This Year

Whether you are one of the many people who undertake a lot of DIY projects in your free time, or you are...

How to Do Better Research Online

In the modern world, most people use the internet as their first port of call when it comes to research. While there...

Want to stay up to date with the latest news?

We would love to hear from you! Please fill in your details and we will stay in touch. It's that simple!