Please ensure Javascript is enabled for purposes of website accessibility

No, You Can’t Deduct a Harley as a Medical Expense

Posted on by Jason Bramwell

“A client injured his wrists, so the doctor told him to keep his wrists elevated. He asked me if he purchased a Harley with those high handlebars, can he deduct that as a medical expense? I told him to show me the prescription from the doctor.”

— Lawrence Pon, CPA, told the Washington Post when asked about outlandish tax deductions he’s had clients try to claim.

People try to claim the darnedest tax deductions to reduce their bills [Washington Post]

Related Posts

BP CFO Explains the Ixnay on the Ividenday

“It’s an extraordinary thing for a company to do, but it’s an extraordinary thing we’re in.”

~ BP CFO Byron Grote, on the company’s decision to suspend its dividend, on a conference call with investors.

Quote of the Day: Kansas Jayhawks Fans Can Quit Crying at Any Time | 03.22.10

“It is most accurate to say that prior to the game, most people thought that KU would win the game. Many, though, thought [that] UNI’s chance of winning was at least reasonably possible. If KU supporters didn’t think enough of UNI to … acknowledge its chance[s], it just shows they weren’t thinking.”

~ Professor David Albrecht, on why Northern Iowa’s “upset,” at least from an accounting perspective, wasn’t really an upset.