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Politics : Politics for Pros- moderated
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To: Lane3 who wrote (60963)8/16/2004 11:23:07 PM
From: Ilaine  Read Replies (1) of 793622
 
Tax deduction for medical purposes isn't a loophole, it's a deduction.

Loopholes that come to mind - who gets the dependent child deduction, the parent who has physical custody, or the parent who pays many thousands in child support?

Can you take the capital gains deduction when you sell the marital residence when you are not actually living there because a judge ordered you out, so you're living in an apartment?

Stuff like that. I have opinions which seem to run counter to what most tax advisors would tell you. I think the custodial parent gets the dependent child deduction, and I think the spouse living in the apartment does not get the capital gains deduction. But that's just me.
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