bank safe deposit box fees, reported to irs?

[abc]

I dont own a box so I dont see what happens at annual renew time... my dad doesnt get an invoice while he does rent one..
does your bank report to the IRS that you rented a box?

If not, then why can they offer you a misc. deduction on fees you did pay to rent it?

 

[HappyPuppy]

They want to know where you keep the proceeds from your drug deals. Keep the money under your mattress and let me know where you live so I can keep an eye on your house when you're out.

 

[abc]

gee, what u smokin?:beer:

 

[kranky]

There are many things that are deductible which aren't reported to the IRS. But if they ask for proof, you have to be able to produce it.