Tax

Have a tax question? Ask a tax Expert

Ask an Expert,
Get an Answer ASAP!

Related Tax Questions
I have an antique vase that I use to paint a picture of
I have an antique vase that I use to paint a picture of flowers in a vase. (Hypothetical but I could do this being an artist). I bought the vase. I have owned it for two years approximately. It apprec… read more
Dr. Fiona Chen
Dr. Fiona Chen
President
Ph.D.
4,172 satisfied customers
My husband sold artwork through a gallery, the gallery sent
My husband sold artwork through a gallery, the gallery sent my husband a check for half of the profits each time.No 1099 was received. How do I report this?… read more
Carter McBride
Carter McBride
LLM
3,128 satisfied customers
On Schedule C, can I report a loss for cost of goods sold if
On Schedule C, can I report a loss for cost of goods sold if no sales? … read more
Lev
Lev
Tax Advisor
Bachelor's Degree Equivalent
33,971 satisfied customers
How much can a single tax payer deduct in any tax year for
How much can a single tax payer deduct in any tax year for donations and gifts of oil paintings; my understanding is any amount up to $14,000.00 per recipient and there may be several recipients for t… read more
Mark Taylor
Mark Taylor
Certified Public Accountant
Masters
4,994 satisfied customers
Please unlock so Lane can answer" Lane, An artist donates
quot;For Lane - Please unlock so Lane can answer"Hi Lane,An artist donates finished pieces of art to a non profit for auction. Do they deduct the fair market value of the art or the auctioned off pric… read more
Barbara
Barbara
Enrolled Agent, Paralegal
15,018 satisfied customers
I am actually giving a talk tomorrow preparing taxes and I
Hi, I am actually giving a talk tomorrow for artists preparing taxes and I want to double check a couple of things. I think I have this correct, but the consequences could be bad if I don't. So, here … read more
BK-CPA
BK-CPA
Bachelor's Degree
972 satisfied customers
I was asked by a non profit org. to make them 4 quilts this
I was asked by a non profit org. to make them 4 quilts this last year, I agreed to do so, they then asked if I would consider donating my time as well and could us it as a tax wright off, I agreed. bu… read more
Robin D.
Robin D.
Senior Tax Advisor 4
Vocational, Technical or Trade School
15,569 satisfied customers
An artist taxpayer is convinced that the fair market value
An artist taxpayer is convinced that the fair market value of her artwork that she created should be the amount of the deduction for a non-monetary charitable contribution. I believe the amount of the… read more
Robin D.
Robin D.
Senior Tax Advisor 4
Vocational, Technical or Trade School
15,569 satisfied customers
Hello, I live San Jose CA and I am a Self-Employed Artist/Paint
Hello, I live San Jose CA and I am a Self-Employed Artist/Paint Contractor. I would like to know the largest percentage of Profit I can donate to charity with out loosing money.… read more
Anne
Anne
Master Tax Preparer
3,422 satisfied customers
My client is a photographer. She is having a showing of her
My client is a photographer. She is having a showing of her work and is donating the money she receives from sales to the various non-profits whose causes are featured in the photos. She would like fo… read more
Robin D.
Robin D.
Senior Tax Advisor 4
Vocational, Technical or Trade School
15,569 satisfied customers
My wife intends to charitable donate high value fine art (several
My wife intends to charitable donate high value fine art (several sculptures) to a university. On Form 8283 used to claim such non-cash donation it asks Several yes/no questions, the answers to which … read more
Stephen G.
Stephen G.
Sr Financial & Tax Consultant
Bachelor's Degree
12,096 satisfied customers
I donate Art Prints and Paintings to Silent Auctions at Charitable
I donate Art Prints and Paintings to Silent Auctions at Charitable Fundraisers. What am I actually able to deduct? What the Charitable Organization sold it for or the proposed value? What if the Chari… read more
DanielleCPA
DanielleCPA
Certified Public Accountant
Bachelor's Degree
984 satisfied customers
A client is a professional artist. The client creates a painting
A client is a professional artist. The client creates a painting and donates it to a 50$ charity. The charity immeidately auctions it off for $1500. Can the taxpayer write off the $1500 as a gift of a… read more
PDtax
PDtax
Owner
Master's Degree
9,530 satisfied customers
If I donate a art painitng to a charity, how can I get a tax
If I donate a art painitng to a charity, how can I get a tax deduction, what are the rules?… read more
wm030303
wm030303
Partner
Bachelor's Degree
80 satisfied customers
Hi - I created a highly interactive and database-driven
Hi - I created a highly interactive and database-driven website for my children's school as a volunteer activity and am wondering if I can deduct the fair value of the website I produced as a charitab… read more
Wendy Reed
Wendy Reed
Master Tax Advisor Enrolled Agent
Master's Degree
2,290 satisfied customers
I am a photographer making fine art work that I sell to collectors
I am a photographer making fine art work that I sell to collectors and museums. I had an exhibition of twenty framed, crated pieces that was completely destroyed when hurricane Ivan flooded the Galves… read more
MequonCPA
MequonCPA
CPA Firm Owner
Master's Degree
1,732 satisfied customers
Our non-profit arts council will be holding a silent auction.
Our non-profit arts council will be holding a silent auction. Member artists will be donating. May we split the final bids with the artists so they get half and the council gets half?… read more
T Johnston
T Johnston
Bachelor's Degree
2 satisfied customers
my wife has spent months designing, developing, and ...
my wife has spent months designing, developing, and constructing an artistic prize winning quilt which has been independently appraised by a "licensed" appraiser (and documented by such) at $850; she … read more
Lev
Lev
Tax Advisor
Bachelor's Degree Equivalent
33,971 satisfied customers
Disclaimer: Information in questions, answers, and other posts on this site ("Posts") comes from individual users, not JustAnswer; JustAnswer is not responsible for Posts. Posts are for general information, are not intended to substitute for informed professional advice (medical, legal, veterinary, financial, etc.), or to establish a professional-client relationship. The site and services are provided "as is" with no warranty or representations by JustAnswer regarding the qualifications of Experts. To see what credentials have been verified by a third-party service, please click on the "Verified" symbol in some Experts' profiles. JustAnswer is not intended or designed for EMERGENCY questions which should be directed immediately by telephone or in-person to qualified professionals.

JustAnswer in the News:

Ask-a-doc Web sites: If you've got a quick question, you can try to get an answer from sites that say they have various specialists on hand to give quick answers... Justanswer.com.
JustAnswer.com...has seen a spike since October in legal questions from readers about layoffs, unemployment and severance.
Web sites like justanswer.com/legal
...leave nothing to chance.
Traffic on JustAnswer rose 14 percent...and had nearly 400,000 page views in 30 days...inquiries related to stress, high blood pressure, drinking and heart pain jumped 33 percent.
Tory Johnson, GMA Workplace Contributor, discusses work-from-home jobs, such as JustAnswer in which verified Experts answer people’s questions.
I will tell you that...the things you have to go through to be an Expert are quite rigorous.

What Customers are Saying:

I really was impressed with the prompt response. Your expert was not only a tax expert, but a people expert!!! Her genuine and caring attitude came across in her response...

T.G.WMatteson, IL

I WON!!! I just wanted you to know that your original answer gave me the courage and confidence to go into yesterday's audit ready to fight.

BonnieChesnee, SC

Great service. Answered my complex tax question in detail and provided a lot of additional useful information for my specific situation.

JohnMinneapolis, MN

Excellent information, very quick reply. The experts really take the time to address your questions, it is well worth the fee, for the peace of mind they can provide you with.

OrvilleHesperia, California

Wonderful service, prompt, efficient, and accurate. Couldn't have asked for more. I cannot thank you enough for your help.

Mary C.Freshfield, Liverpool, UK

This expert is wonderful. They truly know what they are talking about, and they actually care about you. They really helped put my nerves at ease. Thank you so much!!!!

AlexLos Angeles, CA

Thank you for all your help. It is nice to know that this service is here for people like myself, who need answers fast and are not sure who to consult.

GPHesperia, CA

< Previous | Next >

Meet the Experts:

Wallstreet Esq.

Wallstreet Esq.

Tax Attorney

586 satisfied customers

10 years experience

Mark D

Mark D

Enrolled Agent

1,338 satisfied customers

MBA, EA, Specializing in Business and Individual Tax Returns and Issues

Richard

Richard

Tax Attorney

4,512 satisfied customers

29 years of experience as a tax, real estate, and business attorney.

PhillipsEsq.

PhillipsEsq.

Attorney-at-Law

59 satisfied customers

B.A., M.B.A, J.D.

Robin D.

Robin D.

Senior Tax Advisor 4

15,569 satisfied customers

15years with H & R Block. Divisional leader, Instructor

Megan C

Megan C

Certified Public Accountant (CPA)

8,655 satisfied customers

Licensed CPA, CFE, CMA, CGMA who teaches accounting courses at Master's Level

jgordosea

jgordosea

Enrolled Agent

2,885 satisfied customers

I've prepared all types of taxes since 1987.

< Previous | Next >

Disclaimer: Information in questions, answers, and other posts on this site ("Posts") comes from individual users, not JustAnswer; JustAnswer is not responsible for Posts. Posts are for general information, are not intended to substitute for informed professional advice (medical, legal, veterinary, financial, etc.), or to establish a professional-client relationship. The site and services are provided "as is" with no warranty or representations by JustAnswer regarding the qualifications of Experts. To see what credentials have been verified by a third-party service, please click on the "Verified" symbol in some Experts' profiles. JustAnswer is not intended or designed for EMERGENCY questions which should be directed immediately by telephone or in-person to qualified professionals.

Show MoreShow Less

Ask Your Question

x