Video: Surprising Tax Deductions

Transcript:

During tax season we're all looking for deductions to reduce our tax bill.

The rules are always changing, but it might surprise you what deductions the IRS has allowed in the past.

Ever lived in Hawaii?

If you had Norfolk Pine in your backyard, you might have gotten a $3,000 deduction to maintain it.

Once a couple that owned a junkyard was able to write off the cost of the cat food they set out to attract wild cats.

But not all deduction attempts go as planned.

Just ask the pianist who tried to claim a manicure as a business expense.

Who knows?

You could be eligible for surprising deductions, too - talk to your tax advisor to find out.

It could help you keep more of your money in the bank.

Find out more about tax-saving ideas like tax advantaged accounts at Synchronybank.com.

LEARN MORE: Top 10 Tax Deductions You Should Know About