Saturday, February 27, 2010

Oddball Tax Deductions: Breast Implants?

Kiplinger reports on some tax deductions you might not know of:
In an effort to get bigger tips, an exotic dancer with the stage name "Chesty Love" decided to get implants to make her a size 56-FF. The IRS challenged her deduction, saying the operation was cosmetic surgery. But a female Tax Court judge allowed this taxpayer to claim a depreciation deduction for her new, um, assets, equating them to a stage prop. Alas, the operation later proved to be a problem for Ms. Love. She tripped, rupturing one of her implants. That caused a severe infection, and the implants had to be removed.
Imagine that.