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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.Estimated Reading Time: 7 mins
https://www.artsy.net/article/artsy-editorial-7-things-artists-filing-taxes
Mar 19, 2019 · And if you’re an artist, filing your income taxes is probably not so straightforward. 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 …Estimated Reading Time: 7 mins
https://voidacademy.com/a-simple-tax-guide-for-artists/
Jan 31, 2018 · What does it even mean to do your taxes? Doing your taxes as an artist is not that different from doing your taxes as any other kind of working person. Every year when you file your Individual Tax Return, also known as your 1040 form, you are painting a …Estimated Reading Time: 7 mins
https://www.artspace.com/magazine/art_101/guide/how-to-do-your-taxes-as-an-artist-55314
Mar 16, 2018 · We asked a specialist at TurboTax how one would go about filing taxes as an "independent working artist," and here's what they had to say: "If you are an independent working artist, you are considered to be in business as a sole proprietor. The sale would be reported as General Income in your business income unless the gallery gave you a 1099-MISC.Estimated Reading Time: 6 mins
https://www.gyst-ink.com/taxes
The artist may file a form 8829 for the home office (studio) deduction and will also be required to pay self-employment tax (Schedule SE) on his or her net income (profit), as well as federal income tax. All these forms are part of the year-end 1040 income tax filing.
https://www.taxesforartists.com/
Feb 18, 2020 · TAXES FOR ARTISTS PRESENTS NO-NONSENSE TAX EDUCATION EVENTS/ THE CONCEPT WAS CREATED BY A WORKING FREELANCE COMMERCIAL ARTIST WITH A MASTER'S IN TAXATION/ WATCH NOV 10 TALK >> INTERESTED IN HAVING TAXES FOR ARTISTS ARTSPLAIN TAXES TO YOUR CREW? HAVE A SPECIFIC GROUP OR TOPIC YOU WOULD LIKE …
https://www.artworkarchive.com/blog/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 deductions you can claim as an independent artist. Depending on where you are in your visual career, you may be asking if your practice counts as a business (as recognized by the IRS) and not a hobby.
https://www.artistsnetwork.com/art-business/tax-deductions-for-artists-art-business/
Apr 06, 2015 · Also, if you want to see your art featured in The Artist’s Magazine, then enter your best in the Annual Art Competition–the deadline is May 1. River Valley, Papoose Fire (acrylic on gold gessoed Aquabord, 17.75×17.75) by Stephen Quiller, featured on the cover of The Artist’s Magazine (March 2015). Click here to “pin” this on Pinterest!Estimated Reading Time: 3 mins
https://www.artbusinessinfo.com/tax-tips-for-artists.html
Dec 01, 2012 · Ten More Tax Tips for Artists - Round about this time of year - just as I'm submitting my tax return to Her Majesty's Revenue & Customs, I write a blog post about tax - for artists. Do Hobby Artists need to complete tax returns - reasons why people who are not full time professional artists living in the UK might need to complete a tax return
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