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Deductions & credits
As noted by VolvoGirl, prior posts in this chain are now obsolete.
The expense of maintaining a safe deposit box used to be an allowable deduction when you itemized deductions on your personal income tax return.
However, this and other miscellaneous deductions that were subject to the 2% limitation have been repealed for tax years 2018–2025.
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February 25, 2020
8:47 AM