Tax deductible for Art

hi,

Can I tax deductible by purchasing Arts or antique arts, like a paint?

posted

You want a deduction for purchasing art? Sorry, there are not any tax deductions for such purchases. That is a personal expense.

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Hi Ea,

Unfortunately, you can not claim a tax deduction for purchasing art. You would be required to provide it to a charitable organizations, with no conidtions of ownerships being retained by yourself.

I hope this is helpful.