If you pay for rented equipment for the production of Seabiscuit’s Legacy, that is tax-deductible. But any services you render using that equipment are not tax-deductible. For example; if an editor donates professional services and the use of their personal or company equipment, the IDA would issue a receipt for the donated rental of the equipment, but not for the editor’s time. That is considered volunteer work by the IRS. Please contact your tax provider for more information.