Re: FLASH: [OT] Tax Deductible Work?

[Mike Grove]

<devil's advocate>

Not the time, but the value of the actual art files... like they were a

painting or illustration. We know an artist who has been doing this for a

number of years with paintings. Why would a Freehand or Illustrator file be

any different? It's just a different medium.

</devil's advocate>


Mike


At 9:47 AM -0500 3/30/1999, Brad Merritt wrote these words of wisdom:



>At 08:36 AM 3/30/99 -0500, you wrote:

>>Hi, everyone.....

>>

>>This past year, we wound up doing a pretty fair amount of work for free for

>>a charity that we support. Logo recreation, mastheads for newsletters, etc

>>(for web and print), and someone suggested that we should deduct the work

>>on our U.S. Federal Income Taxes. Our accountant seems to think that we

>>could only deduct materials (disks, shipping costs) and not services, which

>>wouldn't amount to anything since we worked via email and FTP. We live in a

>>rural area, and have to wonder if he just doesn't understand that digital

>>work is not some ethereal thing, but the equivalent of old-fashioned

>>mechanicals that were photographed and printed - something tangible.

>>

>>Does anyone know the answer or a source on the web where we might find it?

>>

>>TIA,

>>

>>Mike

>>

>Your accountant is correct, you cannot deduct your time. I tried the same

>thing.

>

>Brad Merritt

>

>




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