US Politics on Yik Yak | If I paid a ransom greater than 30% of my annual income, is that a tax deductible expense?

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US Politics 19w

If I paid a ransom greater than 30% of my annual income, is that a tax deductible expense?

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Anonymous 19w

Is this a reference to that one rich guy that had payphones in his home and when his son got kidnapped, he refused to pay the full ransom and only paid what could be written off??

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Anonymous

#1 19w

It was his grandson, but hopefully this answers your question

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