Six Weird Tax Deductions

Are you a whaling captain? Parent of a kidnapped teen? You could benefit!

By Nick McMaster, Newser Staff

Posted Apr 8, 2009 4:45 PM CDT

(Newser) – The tax code is more than 20,000 pages long and packed with loopholes galore. Newsweek lists six deductions you've probably never heard of:

Alaskan whaling captains can deduct up to $10,000 for money spent fixing their boats or on other whaling expenses.

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Six Weird Tax Deductions

Are you a whaling captain? Parent of a kidnapped teen? You could benefit!

Alaska • IRS • dependence • musician • tax breaks • whaling • tax code

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More Newser Stories

Billionaires' Tax Tricks Hide Huge Gains

Millions go unreported thanks to 'unrealized appreciation'

Real Villain of Tax Breaks: Middle Class

Corporations account for just 8% of tax breaks

Obama Should Scrap the Current Tax Code

David Brooks: Starting over might actually unite both parties

Citi Wins Massive Tax Break

Firm will use dodged fed taxes to repay fed bailout bucks

White House Takes Aim at Offshore Tax Dodges

The Obama Administration will unveil details of its tax-haven crackdown today

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