Top 6 Tax Deductions That (Unfortunately) Don’t Exist

Quote:

Go Banking Rates article written by Chris Adam - 4/15/2025

“No, your Peloton doesn’t qualify as office furniture, even if it supports your work-life balance,” Heerlein said. “These may feel like part of the job, but the IRS sticks to strict rules.”

Filip Telibasa, a certified financial planner with Benzina Wealth, said gym memberships to reduce sick days from work are also not tax deductible.

“The IRS says your spin class is a personal expense, even if it makes you more productive at work,” Telibasa said.

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