merrill@raja.DEC (01/09/86)
>Subject: Re: Safe Deposit Box deduction > >> you can deduct the cost of a safe deposit box if you use it for important >> papers such as your tax forms. > >Sorry, but the IRS does't qualify any personal effects like important papers >unless the papers are held for the production of income. Actually, the IRS allows deductions for expenses occured in FILING TAX RETURNS! This means that if your "important papers" includes tax records then it is deductable! Rick Merrill Tinker, Tailor, Lawyer ...