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Investors & landlords
Safe Deposit Box Rent (Fee)
You can deduct safe deposit box rent if you use the box to store taxable income-producing stocks, bonds, or investment-related papers and documents. You can Not deduct the rent if you use the box only for jewelry, other personal items, or tax-exempt securities. This is a miscellaneous deductions subject to the 2% rule so most likely will not make any difference.
‎June 5, 2019
12:02 PM