We're no longer maintaining this page.
For the latest business news and markets data, please visit CNN Business
Nose jobs. Underwear. Bail money. Sex toys. These are a few of the crazy deductions tax preparers have seen clients try -- some legit, others not so much.
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.