Tummy tuck
Tummy tuck

Writing off breast enlargements as a work expense is old news. But one Hooter's waitress added a new twist: she wanted to write off her tummy tuck as well. She argued that both larger breasts and a smaller stomach would translate into bigger tips on the job.

Tom Reed, president of accounting firm Budget Business Service, said people have successfully deducted breast enlargements in the past under the argument that it affects their income. But there is no precedent for tummy tucks. He said it would be harder to successfully deduct the surgery unless the taxpayer has a legitimate medical reason and it is recommended by a physician with a prescription.

In the end, Reed didn't have to attempt the deduction for the Hooter's waitress. He discovered that claiming the standard deduction -- which is a reduction in taxes that you can receive if you choose not to itemize deductions -- was the better option for her return, he said.


By Blake Ellis @CNNMoney - Last updated March 09 2012: 12:41 PM ET
Join the Conversation
Most Popular
 
 
 
 
 

Most stock quote data provided by BATS. Market indices are shown in real time, except for the DJIA, which is delayed by two minutes. All times are ET. Disclaimer. Morningstar: © 2018 Morningstar, Inc. All Rights Reserved. Factset: FactSet Research Systems Inc. 2018. All rights reserved. Chicago Mercantile Association: Certain market data is the property of Chicago Mercantile Exchange Inc. and its licensors. All rights reserved. Dow Jones: The Dow Jones branded indices are proprietary to and are calculated, distributed and marketed by DJI Opco, a subsidiary of S&P Dow Jones Indices LLC and have been licensed for use to S&P Opco, LLC and CNN. Standard & Poor's and S&P are registered trademarks of Standard & Poor's Financial Services LLC and Dow Jones is a registered trademark of Dow Jones Trademark Holdings LLC. All content of the Dow Jones branded indices © S&P Dow Jones Indices LLC 2018 and/or its affiliates.