Updating hot tub

To help people think more broadly about the kinds of things they can deduct, here are five unusual tax deductions: Swimming pools Context is everything when it comes to deductions, especially when expenses are being characterized as being for medical purposes.

Johanna Turner, senior partner at Milestones Financial Planning in Mayfield, Ky., had clients who successfully deducted the full cost of a ,000 swimming pool.

Gambling losses “If you have gambling gains, you can deduct a large number of expenses to go to Vegas up to the point where it offsets much or all of the gains,” says Scott Bishop, director of financial planning at STA Wealth Management in Houston.

You can deduct your losses, but no more than your winnings in that tax year.

Gender confirmation surgery In 2010, the federal tax court ruled in favor of a transgender woman, Rhiannon O’Donnabhain, who had taken up a case against the IRS for refusing to allow a ,000 deduction for ,000 in medical expenses for gender confirmation surgery, those costs “not compensated for by insurance or otherwise, for medical care of the taxpayer.” In its ruling, the tax court said gender-identity disorder is widely recognized in diagnostic and psychiatric reference texts, and all three experts testifying in the case consider the disorder a serious medical condition, and the mental-health professionals who examined O’Donnabhain found that her disorder was a severe impairment.

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Abortion This may be the most politically and ideologically divisive of all deductions.

The IRS says: “You can include in medical expenses the amount you pay for a legal abortion.” So an abortion — which can cost from 0 to

To help people think more broadly about the kinds of things they can deduct, here are five unusual tax deductions: Swimming pools Context is everything when it comes to deductions, especially when expenses are being characterized as being for medical purposes.Johanna Turner, senior partner at Milestones Financial Planning in Mayfield, Ky., had clients who successfully deducted the full cost of a $40,000 swimming pool.Gambling losses “If you have gambling gains, you can deduct a large number of expenses to go to Vegas up to the point where it offsets much or all of the gains,” says Scott Bishop, director of financial planning at STA Wealth Management in Houston.You can deduct your losses, but no more than your winnings in that tax year.Gender confirmation surgery In 2010, the federal tax court ruled in favor of a transgender woman, Rhiannon O’Donnabhain, who had taken up a case against the IRS for refusing to allow a $5,000 deduction for $25,000 in medical expenses for gender confirmation surgery, those costs “not compensated for by insurance or otherwise, for medical care of the taxpayer.” In its ruling, the tax court said gender-identity disorder is widely recognized in diagnostic and psychiatric reference texts, and all three experts testifying in the case consider the disorder a serious medical condition, and the mental-health professionals who examined O’Donnabhain found that her disorder was a severe impairment.Click here to get our FREE weekly hot tub maintenance newsletter!Abortion This may be the most politically and ideologically divisive of all deductions.

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To help people think more broadly about the kinds of things they can deduct, here are five unusual tax deductions: Swimming pools Context is everything when it comes to deductions, especially when expenses are being characterized as being for medical purposes.

Johanna Turner, senior partner at Milestones Financial Planning in Mayfield, Ky., had clients who successfully deducted the full cost of a $40,000 swimming pool.

Gambling losses “If you have gambling gains, you can deduct a large number of expenses to go to Vegas up to the point where it offsets much or all of the gains,” says Scott Bishop, director of financial planning at STA Wealth Management in Houston.

You can deduct your losses, but no more than your winnings in that tax year.

Gender confirmation surgery In 2010, the federal tax court ruled in favor of a transgender woman, Rhiannon O’Donnabhain, who had taken up a case against the IRS for refusing to allow a $5,000 deduction for $25,000 in medical expenses for gender confirmation surgery, those costs “not compensated for by insurance or otherwise, for medical care of the taxpayer.” In its ruling, the tax court said gender-identity disorder is widely recognized in diagnostic and psychiatric reference texts, and all three experts testifying in the case consider the disorder a serious medical condition, and the mental-health professionals who examined O’Donnabhain found that her disorder was a severe impairment.

Click here to get our FREE weekly hot tub maintenance newsletter!

Abortion This may be the most politically and ideologically divisive of all deductions.

The IRS says: “You can include in medical expenses the amount you pay for a legal abortion.” So an abortion — which can cost from $500 to $1,000 — could be deductible if it was included with other medical expenses.

,000 — could be deductible if it was included with other medical expenses.

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This includes any costs, such as food, grooming and veterinary care incurred in maintaining the health of the service animal.There are many reason for you to paint or stain your wooden hot tub cabinet.Some of the most reasons are: Whatever your reason may be, it is important that you do the job right the first time.Gambling income includes winnings from lotteries, raffles, horse races and casinos, and fair market value of prizes such as cars and trips.“To deduct your losses, you must be able to provide receipts, tickets, statements or other records,” the IRS states.

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