I can't get away with that, mine's 24 years old.

Eric

"Jonathan Ganz" wrote in message ...
It depends on you to sail it. Got it.

"Scott Vernon" wrote in message
...
I list my boat as a dependent.

Scotty


"Jenny MacLeod" wrote in message
.. .


Hello,
This is my first posting, and I'm not too savvy, so please excuse
me if I ask a stupid question. One of the guys I dock near said he
read that there are some new laws this year that make it possible
for sailors to deduct a lot of equipment from their taxes. Is this
true? Where can I find out more about this? That would be great,
since I purchased my first boat this year. I'm getting all of my
paperwork together in preparation for filing on the first day
possible, which, according to the TaxBrain site, is Jan. 16, just a
week away.
Yours truly,
Jenny Mac

Mine is approaching 40 years old.

"Eric" wrote in message
om...
I can't get away with that, mine's 24 years old.

Eric

"Jonathan Ganz" wrote in message
...
It depends on you to sail it. Got it.

"Scott Vernon" wrote in message
...
I list my boat as a dependent.

Scotty


"Jenny MacLeod" wrote in message
.. .


Hello,
This is my first posting, and I'm not too savvy, so please excuse
me if I ask a stupid question. One of the guys I dock near said he
read that there are some new laws this year that make it possible
for sailors to deduct a lot of equipment from their taxes. Is this
true? Where can I find out more about this? That would be great,
since I purchased my first boat this year. I'm getting all of my
paperwork together in preparation for filing on the first day
possible, which, according to the TaxBrain site, is Jan. 16, just a
week away.
Yours truly,
Jenny Mac

Eric stated: I can't get away with that, mine's 24 years old.

Declare it disabled.

--=20
katysails
s/v Chanteuse
Kirie Elite 32
http://katysails.tripod.com

"Women and cats will do as they please, and men and dogs should relax
and get used to the idea." - Robert A. Heinlein

I subscribe to 3 sailing publications, one general boating publication
("Soundings") and being a member of Boat/US also receive their publications
and don't recall reading of any changes in the tax laws regarding boat
ownership. There may be changes in the tax laws involved if you own a
charter boat and run it as a business, but I find it hard to believe that
I've read nothing about that in any of those publications. I would ask a tax
specialist.
John Cairns
"Jenny MacLeod" wrote in message
.. .


Hello,
This is my first posting, and I'm not too savvy, so please excuse
me if I ask a stupid question. One of the guys I dock near said he
read that there are some new laws this year that make it possible
for sailors to deduct a lot of equipment from their taxes. Is this
true? Where can I find out more about this? That would be great,
since I purchased my first boat this year. I'm getting all of my
paperwork together in preparation for filing on the first day
possible, which, according to the TaxBrain site, is Jan. 16, just a
week away.
Yours truly,
Jenny Mac

Treating your boat as a second home has been legit for a while. It has to
have a toilet and stove I believe.

Or maybe you are hearing about something for professional sailors aka
merchant marines?

"Jenny MacLeod" wrote in message
.. .


Hello,
This is my first posting, and I'm not too savvy, so please excuse
me if I ask a stupid question. One of the guys I dock near said he
read that there are some new laws this year that make it possible
for sailors to deduct a lot of equipment from their taxes. Is this
true? Where can I find out more about this? That would be great,
since I purchased my first boat this year. I'm getting all of my
paperwork together in preparation for filing on the first day
possible, which, according to the TaxBrain site, is Jan. 16, just a
week away.
Yours truly,
Jenny Mac