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https://www.nolo.com/legal-encyclopedia/tax-deductions-artists.html
The Tax Cuts and Jobs Act established a brand new deduction that allows owners of pass-through businesses, including artists, to deduct an amount equal to up to 20% of their net income from the business. This is in addition to all their other art business deductions.
https://www.jacksonhewitt.com/tax-help/tax-tips-topics/employment/job-specific-deductions/artist/
Feb 21, 2021 · Tax deductions for artists. If you are an artist, payments that you receive for providing trade services, outside of or in addition to your regular job, may be considered income from self-employment and reportable on Schedule C, Profit or Loss from Business. You may deduct all associated expenses to your self-employment income on your Schedule C. Any expenses you have …
https://www.artistsnetwork.com/art-business/tax-deductions-for-artists-art-business/
Apr 06, 2015 · Either way, potential deductions include the following: • art equipment, such as easels, cameras, light fixtures and kilns. • supplies such as paint, brushes, canvas and clay. • framing. • studio space. • office supplies and equipment. • books and magazines related to your business.
https://www.artworkarchive.com/blog/the-artist-s-guide-to-tax-deductions
The Artist’s Guide to Tax Deductions. Tax season is upon us. But before you start heading for the border to avoid combing through all of your receipts, take a look at some of the tax ... How do you know if you qualify? Materials & Supplies. Studio Expenses. Advertising.
https://voidacademy.com/a-simple-tax-guide-for-artists/
Jan 31, 2018 · You will be asked to qualify your art income as either a hobby or a business. You can check out the leading questions the IRS provides for this decision here. Standard Deduction vs. Itemized Deduction. Oh, deductions! The joy! A tax deduction arises due to various types of expenses you’ve had throughout the year.
https://turbotax.intuit.com/tax-tips/self-employment-taxes/the-musicians-guide-to-taxes-top-tax-deductions/L3dFXFokF
The chance to be creative—and the opportunity to be your own boss—makes working as a musician exciting. Here are some of the top business deductions and expenses for self-employed musicians, as well as some tips to guide you through filing your tax return.
https://finance.zacks.com/tax-breaks-artists-3514.html
Tax breaks for the use of a vehicle can be one of the largest deductions an artist can take. This can be done in two ways. The first is by taking the standard mileage allowance of 55.5 cents, the...
https://www.artsy.net/article/artsy-editorial-7-things-artists-filing-taxes
Mar 19, 2019 · Like other professionals who work in a freelance capacity, artists typically earn untaxed income that they must report to the IRS—and if the artist had a clear intent to make a profit, their practice is considered to be a business.
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