Saturday, March 27, 2010

(Whale) Death & Taxes

While I'm glad that we were able to make use of the 1st time homebuyers tax credit, here's one deduction that I was bummed we didn't qualify for...

From page A8 of the 1040 instructions:
"Certain whaling captains may be able to deduct expenses paid in 2009 for Native Alaskan subsistence bowhead whale hunting activities."

I'm sure the 5 people that might actually qualify for this appreciated such specific instructions in the tax code.
-A

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