Tax deductible for Art

[EA14]

hi,

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

[xmasbaby0]

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

[Rangers44]

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.