Crazy Tax Questions

Can I Deduct The Cost Of Mustache Wax And Grooming Supplies Per IRS Section 212 Expense?

Probably not, unless these expenses are business related for an occupation such as an Clown or Actor. And not per Section 212. IRS Section 212 expense Internal Revenue Code provides a deduction, for U.S. federal income tax purposes, for expenses incurred in investment activities.

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