Hundreds of pounds of tuna
crazy deductions tuna

After taking a fishing vacation in California each year, an auto repair center manager from Great Neck, N.Y., would drop off the fish he caught at a cannery.

Because the cannery donated its proceeds from fish sales to a religious institution, the man was able to claim the value of the hundreds of pounds of fish he gave away as a charitable deduction, said enrolled agent David Kaiser.

With a going rate of $5 to $6 per pound for the tuna and wahoo he caught, the deduction would often total several thousand dollars, and he claimed it for more than 10 years.


- Last updated April 03 2013 06:19 AM ET
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