Can Fish to be tax deductible?

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If they are "used" in a business or for a business, yes.

Examples.... an aquarium in an office, or an aquarium in a fish store.
 
Knowdafish;3758555; said:
If they are "used" in a business or for a business, yes.

Examples.... an aquarium in an office, or an aquarium in a fish store.

x2 other then if its an aquarium store or an aquarium in an office I wouldnt try it
 
if you rent the home - yes

if its in a office - yes (catch it must be your office for a business YOU own)

if you run a business from home and you see clients there on a regular basis. Yes

most other times its a big no and youll get busted for tax fraud.

imo pay the extra 100 bucks in taxes that you would save on the fish tank right off and dont go to jail :)
 
Hey I have a home office.... I never thought to deduct a fish tank or 6.

Brilliant!
 
kdrun76;3758597; said:
Hey I have a home office.... I never thought to deduct a fish tank or 6.

Brilliant!

Haha just remember when you deduct those 6 fish tanks from your home office that the IRS expects you to have regular clients at that office.
 
mdb_talon;3758689; said:
Haha just remember when you deduct those 6 fish tanks from your home office that the IRS expects you to have regular clients at that office.


Yeah that could be a problem, I deduct about 14,000 miles/ year driving to my clients...NONE of them come into my house, and some are a long ways away.

Maybe just the guppy breeder tank? It soothes me while I talk to clients on the phone.
 
triply;3758589;3758589 said:
if you rent the home - yes

if its in a office - yes (catch it must be your office for a business YOU own)

if you run a business from home and you see clients there on a regular basis. Yes

most other times its a big no and youll get busted for tax fraud.

imo pay the extra 100 bucks in taxes that you would save on the fish tank right off and dont go to jail :)
rent a house, deduct your fish tank? :screwy:
 
jcardona1;3758711;3758711 said:
rent a house, deduct your fish tank? :screwy:
Yeah what he said
 
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