Miscellaneous Itemized Deductions
Miscellaneous itemized deductions are expenses a taxpayer pays in order to:
If taxpayers want to take deductions for casualty and theft losses, let them know this is a complex issue with many rules and exceptions. Refer them to a professional tax preparer.
For more information about deductible miscellaneous expenses, refer to the chapter on Miscellaneous Deductions in Publication 17.