Making Movies
A couple of years ago, the IRS confronted with another type of deduction. A woman spent six years of her life to make a documentary film, saying that she wants her move-related expenses to be deducted.
First, Uncle Sam said that her filmmaking activities are actually a hobby and they can’t be deducted. However, the judge thought the opposite. Eventually, the court was on her side, giving her the opportunity to deduct her movie-related losses.
So, are you into documentaries?