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Can someone please confirm that current tax law still states that
artists may deduct only the materials used in a work of art donated
for an auction (as opposed to the retail/full price)? As far as I know
this has never changed, but I want to double check my facts before I
call someone's attention to misleading wording in a request for
artworks. My question is about artists donating their own art.
Lynette
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Ms. Lynette R. Cook, Artist/Illustrator
Main Web Site: http://www.lynettecook.com
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