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From: merrill@raja.DEC
Newsgroups: net.taxes
Subject: Re: Deduction for Safe Dep. Box
Message-ID: <351@decwrl.DEC.COM>
Date: Thu, 9-Jan-86 12:05:24 EST
Article-I.D.: decwrl.351
Posted: Thu Jan  9 12:05:24 1986
Date-Received: Sat, 11-Jan-86 06:08:12 EST
Sender: daemon@decwrl.DEC.COM
Organization: Digital Equipment Corporation
Lines: 16


>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 ...