The Real Cost of a Vacation Home
What if instead of buying that vacation home, you invested the money?
Have A Question About This Topic?
Have income that isn’t subject to tax withholding? Or insufficient withholdings? You may have to pay estimated taxes.
Help determine the required minimum distribution from an IRA or other qualified retirement plan.
Here are some examples of deductions from the IRS that were permitted and some that were, uh, too creative.