Certain other expenses can be deducted as itemized deductions. To deduct miscellaneous expenses, the expenses must be incurred for one of the following:

• To produce or collect income that is included in your gross income
• To manage, conserve, or maintain property held for producing gross income, or
• To determine, contest, pay, or claim a refund of any tax

These types of expenses include:

• Appraisal fees for a casualty loss or charitable contribution
• Casualty and theft losses from property used in performing services as an employee
• Clerical help and office rent in caring for investments
• Depreciation on home computers used for investments
• Excess deductions (including administrative expenses) allowed a beneficiary on termination of an estate or trust
• Fees to collect interest and dividends
• Hobby expenses, but generally not more than the amount of income from the hobby
• Indirect miscellaneous deductions of pass-through entities
• Investment fees and expenses
• Legal fees related to producing or collecting taxable income or getting tax advice
• Loss on traditional IRAs or Roth IRAs, when all amounts have been distributed to you
• Loss on deposits in an insolvent or bankrupt financial institution
• Repayments of income
• Repayments of Social Security benefits
• Safe deposit box rental
• Service charges on dividend reinvestment plans
• Tax advice fees
• Trustee's fees for your IRA, if separately billed and paid