OCR Text |
Show production or collection of income, or for the management, conservation, conserva-tion, or maintenance of property held for the production of income, or in connection With the determination, determin-ation, collection, or refund of any tax. "Other deductions" is the catchall catch-all for the many non-business deductions de-ductions which are too numerous for separate scheduling on page 2 of Form 1040. Principal among these are the unreimbursed expenses expens-es of employees, (other than out J side salesmen) for clerical help, : stationery, business entertainment, I union dues, uniforms, tools, and I supplies, subscriptions to profes-I profes-I sional journals, etc. Other expenses which ere de- ductible hero are employment -; gency fees, amounts paid for the preparation of an income tax return, re-turn, employees bond premiums and periodic alimony payments made to a divorced or separated spouse pursuant pur-suant to a divorce, a decree of separate sep-arate maintenance or a separation agreement. Commuting between your home and your place of employment is not considered a cost of earning your income and is not deductible. (This column furnished as a pub lie service by the Utah Society of Public Accountants.) O INCOME TAX FILING AIDS You can deduct all the expenses you incur in the collection or in the production of taxable income, including all the expenses ot determining deter-mining your tax liability, or contesting con-testing your tax liability, and this includes all kinds of taxes. This section provides that an individual in-dividual who has elected to itemize h's deductions shall be allowed as a deduction all the ordinary and necessary nec-essary expenses paid or incurred during the taxable year for the |