Thursday, December 10, 2009

Musical Instruments Tax Deductible?

I rent instruments for both of my kids' music classes. Is this rental money tax deductible? It doesn't seem to fit under education expenses, but I'm hoping I'm wrong. Anyone know?



Thanks!



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Afraid not.



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No, you're not wrong, the expenses aren't deductible as education expenses or anything else.
If the instruments are not used in the pursuit of a trade or business, then they are not tax deductible.
sorry,, not a deduction
No, personal expenses are never deductible.

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