To enter safe deposit box rental:
You can deduct safe deposit box rent if:
In taxes, the 2% rule refers to the limitation on certain types of miscellaneous deductions, including unreimbursed job-related expenses (Form 2106), tax preparation fees, investment or advisory fees, and safe deposit box rentals.
Under the 2% rule, you're only allowed to deduct the portion of miscellaneous expenses that exceeds 2% of your adjusted gross income (AGI). You must also itemize to get this deduction. See What is the 2% rule?
HelenaC : YOU ARE 100% WRONG. YOUR ANSWER IS 100% INCORRECT. DON'T GIVE TAX ADVICE.
MISCELLANEOUS EXPENSES ARE NOT DEDUCTIBLE STARTING IN 2018. IF YOUR ANSWER HAD BEEN WRITTEN 2 YEARS EARLIER, IT WOULD HAVE BEEN OK. BUT YOU WROTE IT IN 2019; IT WAS WRONG AND HAD BEEN WRONG SINCE THE BEGINNING OF THE PREVIOUS YEAR.
@saini - Unfortunately when they migrated the posts from the old "Answer Exchange" to this new "Community" forum the old posts did not retain the actual posting date but have the date of the migration which was 6/5/2019 but this post is obviously many years old and is probably answering a question when such deductions were allowed. So the post was written 2 or more years ago.
@saini For your information, the vast majority of posts that you see on this board that are dated from about the end of May through the beginning of July (but primarily posts in June of 2019) were transferred from another board on those dates; they could have been (and most of them actually were) posted in earlier years.