@Opus 17 wrote:
Depends on your philosophy. Some would say you can't do something unless you have explicit permission. Others would say you can do what you want unless it is explicitly prohibited.
Yes, except that is not exactly the way the Code and Regs are written.
If an item is not expressly deductible in Chapter 1, Subchapter B, for example, it is not deductible, regardless. In other words, despite the fact that a seemingly legitimate expense may be omitted (i.e., not explicitly prohibited), it is still not deductible.
