Yeah, that’s not how tax code works, and this post (not op, obviously) is utter bullshit. If that was the case, former baseball players could sign their name on a $3 ball, the donate it to charity for $300 value, and take the deduction. It doesn’t work like that.
manubour on August 31st, 2020 at 07:08 UTC »
Yeah I don’t get most of modern art either
Thanatos_Rising on August 31st, 2020 at 09:00 UTC »
Man, where can I find these supposed millionaires looking for artists for their tax evasion schemes? I'll even paint more than a line.
romans13_8 on August 31st, 2020 at 09:35 UTC »
Yeah, that’s not how tax code works, and this post (not op, obviously) is utter bullshit. If that was the case, former baseball players could sign their name on a $3 ball, the donate it to charity for $300 value, and take the deduction. It doesn’t work like that.