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    #16
    How about a robber?

    Originally posted by Black Bart View Post
    I think I'd deduct it just to be able to say that I've done it (doesn't hurt to live a little -- a sense of adventure and all that). Anyway, if I can justify expensing safety glasses, then why not some real "safety" equipment?

    Long ago I clerked for a wealthy plantation owner who had us to debit "security" expense for his new custom-made Browning shotgun ($1,000 then/probably $3-4K now). It was fairly blatant/obvious -- he was an avid duck-hunter -- but nothing ever came of it.

    Oddly enough, armed robbers broke into his home about a year later, tied him up, and looted the place (pricey wifey diamonds). He never had time to grab the gun, but maybe could have argued self-defense (for whatever it's worth) with an IRS auditor.
    With a BBS handle, "Black Bart" (it sounds like a gunslinger) I kinda expected you might support deducting the handgun as an employee business expense (LOL). As you know, it's most likely a mute point anyway. It seems most don't benefit from 2% deductions.

    Just to throw a little more fun into the mix, I believe I've read of other court cases in non-US countries where a robber was allowed to deduct a handgun as a "tool of the trade". Makes sense, huh?

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      #17
      [QUOTE=Zee;51007]With a BBS handle, "Black Bart" (it sounds like a gunslinger) I kinda expected you might support deducting the handgun as an employee business expense (LOL). As you know, it's most likely a mute point anyway. It seems most don't benefit from 2% deductions.

      /QUOTE]

      Black Bart probably has a brother named Bret.

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        #18
        Can't do that.

        Originally posted by Zee View Post

        ...It...would require disclosure.
        It would be audited for sure.

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          #19
          Huh?

          Originally posted by Black Bart View Post
          It would be audited for sure.
          Can't do what? "adequately disclose" with the disclosure form?

          Mere usage of that form does not mandate an audit.
          ChEAr$,
          Harlan Lunsford, EA n LA

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            #20
            Originally posted by ChEAr$ View Post
            Can't do what? "adequately disclose" with the disclosure form?

            Mere usage of that form does not mandate an audit.
            You mean the "Please Audit Me I Have A Less Than 50% Chance Of Prevailing On This Dumb Tax Position That I Just Took" form?

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              #21
              Form 8275

              Originally posted by Bees Knees View Post
              You mean the "Please Audit Me I Have A Less Than 50% Chance Of Prevailing On This Dumb Tax Position That I Just Took" form?
              Is the one I'm talking about. And no, it does not automatically invite and audit.
              ChEAr$,
              Harlan Lunsford, EA n LA

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