Taxes » Tax Deductions » 10 Craziest Tax Deductions For 2011That's it, no more Superman comics for you!9 of 12What good are tax codes if they stand in the way of saving all mankind?"A member of my church wanted to confirm that he would be able to take a tax deduction for his donation of sperm to a sperm bank," recalls a Massachusetts CPA. "He was about to have prostate surgery and he feared he might be impotent afterward, so he wanted to preserve his sperm for future generations.""His reasoning was that the gift of his sperm was such a value to humankind that he should surely be able to take a tax deduction for it."« Back to the Tax Deductions page. Related Articles:Tax breaks for businessesDependents pay off on taxesMiscellaneous deductionsDon't dare deduct these!Related Links:Tax breaks for homeownersDeducting job-search costs10 overlooked tax breaksDeducting job expenses advertisement
Taxes » Tax Deductions » 10 Craziest Tax Deductions For 2011
What good are tax codes if they stand in the way of saving all mankind?
"A member of my church wanted to confirm that he would be able to take a tax deduction for his donation of sperm to a sperm bank," recalls a Massachusetts CPA. "He was about to have prostate surgery and he feared he might be impotent afterward, so he wanted to preserve his sperm for future generations."
"His reasoning was that the gift of his sperm was such a value to humankind that he should surely be able to take a tax deduction for it."
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