Re: [APML] OT: Payment for images; was: Fw: images from science

["Bert Katzung" <katzung1@attbi.com>]

Quick followup on Matt's proposal: my expert says it probably won't work.
Basic IRS rules (as quoted in Lasser [the tax book] ) state that
1. an artist donating a work of art to a "charity" may only claim the cost
of materials, say $50 on a million dollar work of art. (On the other hand,
someone who *buys* a work of art for a million dollars can then donate it to
a charity and claim the million deduction.)
2. the charity has to be certified by the IRS as fitting into one of several
categories and the artist taking the deduction would have to present
evidence that the charity has that certification.
3. it's not clear from Lasser whether non-profit consortiums of commercial
groups can qualify for any of the IRS's "charity" certification categories.
I suspect not....

Lovely idea anyway!

Bert

Bert Katzung
katzung1@attbi.com
www.astronomy-images.com

----- Original Message -----
From: "Bert Katzung" <katzung1@attbi.com>
To: <astro-photo@seds.org>
Sent: Friday, April 05, 2002 10:38 AM
Subject: Re: [APML] Fw: images from science


> Matt, that is a great idea!  I will certainly take this up with my tax
> expert (my wife) and next time this comes up, we may try it!
> Thanks....
> Bert
>
> Bert Katzung
> katzung1@attbi.com
> www.astronomy-images.com
>
> ----- Original Message -----
> From: "Matt BenDaniel" <matt@starmatt.com>
> To: <astro-photo@seds.org>
> Sent: Friday, April 05, 2002 10:01 AM
> Subject: Re: [APML] Fw: images from science
>
>
> > At 12:58 PM 4/5/2002, Bert Katzung wrote:
> > >Interesting OT variation on this theme: I got an e-mail recently from a
> > >nonprofit organization of shipping companies requesting permission to
use
> > >one of my pictures of dolphins. This is a very heavily subsidized group
> > >doing lobbying, etc, for commercial shipping companies, but they wanted
> free
> > >use because they, technically, were non-profit. I said that since they
> were
> > >working for commercial users, they should pay a small fee ($25). They
> > >refused to pay and so we parted amicably (I *assume* they're not going
to
> > >pirate the image). Just seemed rather cheap on their part---cruising
the
> net
> > >looking for free images.
> > >Bert
> >
> > Bert,
> >
> > Say the rights they wanted to you image are worth $1000. Could you
donate
> > use of the image and claim it on your tax return as a non-profit
> contribution?
> > --
> > Matt BenDaniel
> > matt@starmatt.com
> > http://starmatt.com
> >
> >




--  APML Archives at <http://astro.umsystem.edu/apml/>  ---
             Unsubscribe at <majordomo@seds.org>