Discussion:Artwork & Product Samples

From TaxAlmanac, A Free Online Resource for Tax Professionals
Note: You are using this website at your own risk, subject to our Disclaimer and Website Use and Contribution Terms.

From TaxAlmanac

Jump to: navigation, search

Discussion Forum Index --> Tax Questions --> Artwork & Product Samples


JulieB (talk|edits) said:

24 March 2010
I have a client who is an artist. 75% of her revenue comes from painting murals at churches, 10% comes from selling prints to churches, and the other 15% comes from other graphic design and artwork. At issue is the correct way to reflect the cost of paintings and prints given to the churches to promote purchasing additional product - often she will give a print or custom painting to demonstrate her work. Her motivation is truly creation of additional business rather than charitable in nature. Would you reflect the cost of these items as a deduction for marketing or product samples on her schedule C or would you include them as charitable donations on the schedule A?

Thanks in advance for your thoughts!

Larry0434 (talk|edits) said:

24 March 2010
I vote for Advertising cost. If an inventory exists, issue it as personal use and deduct as advertising.

To join in on this discussion, you must first log in.
Personal tools