Tax filing in 2014: 7 new rules and 9 wacky deductions

Tax filing season is here, so it's time to ensure you're ready to get the most out of your filing. Read on for new rules for 2014, plus several surprising deductions.

9. Deduction: clarinet lessons

Photo courtesy David Rothenberg
Musician and author David Rothenberg plays clarinet with orcas on Vancouver Island.

Famed English clarinet player Acker Bilk once said, “I look at my clarinet sometimes and I think, I wonder what's going to come out of there tonight? You never know.” Though this may be true for the sound of this reedy instrument, you can now know for sure that a clarinet can yield surprising financial and dental benefits. 

A clarinet and lessons can be considered tax deductible if a doctor has recommended playing the instrument as a method of correcting an overbite. 

This isn’t the only strange medical write-off however: others include support stockings, wigs for those who have lost hair due to a disease, and many more, according to IRS publication 502

Not tax deductible: earplugs for parents of children taking clarinet lessons. 

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Dear Reader,

About a year ago, I happened upon this statement about the Monitor in the Harvard Business Review – under the charming heading of “do things that don’t interest you”:

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We have a mission beyond circulation, we want to bridge divides. We’re about kicking down the door of thought everywhere and saying, “You are bigger and more capable than you realize. And we can prove it.”

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