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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 · 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.Estimated Reading Time: 7 mins
https://voidacademy.com/a-simple-tax-guide-for-artists/
Jan 31, 2018 · 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 picture of your financial life for the IRS.Estimated Reading Time: 7 mins
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.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.artworkarchive.com/blog/a-short-guide-to-doing-your-taxes-as-an-artist
If you are like most artists making a living from your artwork, you will probably have a few other income sources from your gallery or a side gig. If this is the case, make sure you get a 1099-MISC from each different income source that you received over $600 annually and file this as along with your sales income. Consult a professional for advice
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
https://www.sapling.com/5758646/file-taxes-artist
Taxes When Your Art Is a Business Self-employed artists who qualify as a business report art revenue and expenses on Schedule C. Report sales revenue and other art revenue on line 1 of Part 1. On line 4, report the direct costs you incurred to create the art that you sold.
http://www.artstaxinfo.com/artists.shtml
As a self-employed artist, you will usually be required to pay estimated quarterly taxes using Form 1040-ES if your Federal tax liability is over $1,000 for the year. The goal is first and foremost to lower your taxes! The artist has a number of tax deductions that are unique.
https://stefanieoconnell.com/taxes-for-artists/
Mar 20, 2015 · Taxes for Artists The following is a guest post from former actor and current CPA Tom Kenison. The mere mention of taxes can elicit a wide range of reactions from benign neglect to outright panic- especially among those who see themselves as “artistic types”- unfortunately, neither response is …Estimated Reading Time: 10 mins
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