The costs would be those from the previous year.
an amendment previous year's return.

Doesn't sound like it's worth bothering,

Thanks for everyones input, Read.

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- quote -

Uh, what kind of costs? It appears as though the local
boarder is paying all the costs.

Carol
What can one expect of a day that begins with getting out of bed.

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"Read" <read.tull[at]att.net> wrote:

- quote -

The costs that you don't actually pay? No.

Stu

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- quote -

Unless the boarder is a bona fide 501c3 you don't stand a
chance on the issues. And besides you still own it.

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Read wrote:

- quote -

As a charitable contribution, there are two big problems
that almost certainly eliminate any tax benefit.

First, you generally do not get to deduct a donation of any
property unless you give away *all* of your rights in the
property to the charity (IRC Section 170(f)(3)). The only
real exceptions are very narrow exceptions for certain trust
vehicles (like charitable remainder trusts).

Second, you must make your donation to an entity that is on
a rather short list of entity types that can be qualified
(Section 170(c)) and it's not very likely that the outfit
boarding this animal is one of those either.

--
Ed Zollars, CPA
Phoenix, Arizona

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"Read" <read.tull[at]att.net> writes:

- quote -

No. If you give it to a qualifying 501(c)(3) organization,
you'll have a charitable contribution, but even if these
rides that are being given were being given by a qualified
organization you could only deduct out-of-pocket expenses,
which appear to be zero.

Phil Marti
Topeka, KS

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My wife bought a horse (say for $ 1,000). After a year or
we let a local boarder keep it. They let disadvantaged and
handicapped kids ride and care for it on a regular basis.

We still own it, though they keep it up, feed it, pay vet
bills, etc. Can we deduct ( possibly as charitable deduction
) any of the cost for the animal ?

Read

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