Did you know that Gluten Free food may be a tax deduction! Yippee is all I have to say!
-Any food that costs in excess (which is everything gluten free) of the food you are replacing can be used a deduction. The deduction is the difference between the regular cost and the GF replacement item. I haven't even ventured into figuring this out and plan to dedicate a day of my life to this task.
-The full cost of certain GF items are deductible if they are special items needed for a GF diet.
- Special trips to the store (I take them all the time) may result in a deduction for the cost of your trip. California, here I come!
-I suggest you get a doctor's letter stating that you have Celiac disease or gluten intolerance in case you are audited.
-I am not a tax expert by any means and this is not meant as tax advice. With that being said, please read my disclaimer below.
Disclaimer:
CONTACT YOUR ACCOUNTING PROFESSIONAL FOR FULL DETAILS ON THESE AND OTHER TAX DEDUCTIONS. THIS BLOG IS NOT MEANT TO ADVISE ON TAX DEDUCTIONS BUT TO MAKE YOU AWARE THAT ONE MAY EXIST.
Thursday, October 29, 2009
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