Line 24: Other expenses

To calculate this amount, first complete Section B of the Casualty and Theft Worksheet then refer to line 28 of the worksheet.

Enter the total amount you paid to produce or collect taxable income and manage or protect property held for earning income.

Do not include any personal, living, or family expenses on line 24.

Examples of expenses to include on line 24 are:

certain legal and accounting fees

clerical help and office rent

custodial (for example, trust account) fees

your share of the investment expenses of a regulated investment company

certain losses on nonfederally insured deposits in an insolvent or bankrupt financial institution. (For additional information, see Itemized deductions and review the 2017 IRS Publication 529, Miscellaneous Deductions .)

casualty and theft losses of property used in performing services as an employee (See Casualty and theft worksheet , page 4.)

deduction for repayment of amounts under a claim of right if $3,000 or less

convenience fee charged by the card processor for paying your income tax (including estimated tax payments) by credit or debit card (The deduction is claimed for the year in which the fee was charged to your card.)

You must keep a list of the type and amount of each expense claimed on line 24 for your tax records.