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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://blog.taxjar.com/sales-tax-guide-artists/
Oct 30, 2017 · How Common Artists’ Marketplaces Handle Sales Tax Online shopping carts and marketplaces vary in how well the handle sales tax. Some marketplaces, like Amazon Handmade, offer very deep tools to help you collect sales tax correctly every time.Estimated Reading Time: 8 mins
https://www.artworkarchive.com/blog/a-short-guide-to-doing-your-taxes-as-an-artist
When it comes to deciding if you need to file taxes as an artist, the IRS draws the line between whether you define your practice as a "hobby," or a "business." Quite simply, your art practice is defined as a business if you have the intention to sell your work regularly for profit and a hobby is done without financial incentive.
https://thecreativeindependent.com/guides/a-smart-artists-guide-to-income-taxes/
Mar 14, 2019 · A smart artist’s guide to income taxes Practical advice on calculating and filing your taxes, taking advantage of deductions, and best bookkeeping practices, written by Katherine Pomerantz and illustrated by Savannah Rusher.
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://www.artbusinessinfo.com/tax-tips-for-artists.html
Dec 01, 2012 · Tax Tips for Artists There's only one way to get on top of your tax affairs and that's to identify and address your weaknesses - or pay somebody to do it for you. This site is for those who think they can do better at tax - and aren't yet ready to pay somebody else to do their tax return.
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.nolo.com/legal-encyclopedia/tax-deductions-artists.html
If you're a professional artist, there are many deductions you can take to reduce your taxable income for the year, and thereby reduce your taxes. Such deductions are quite valuable--for example, if you're in the 22% tax bracket, each $100 in deductions saves you $22 in income tax.Estimated Reading Time: 7 mins
https://stefanieoconnell.com/taxes-for-artists/
Mar 20, 2015 · The IRS allows each “Single” filing taxpayer a standard deduction amount of $7,750. If you are a taxpayer with mortgage interest, high state tax payments or unreimbursed business expenses (most performers have these), then you will need to determine if you want to file a Schedule A (Schedule for Itemized deductions.)Estimated Reading Time: 10 mins
http://www.artstaxinfo.com/musicians.shtml
Click here for Musician's Sample Tax Return from THE NEW TAX GUIDE FOR WRITERS, ARTISTS, PERFORMERS & OTHER CREATIVE PEOPLE By Peter Jason Riley, CPA Musicians and taxes don't seem to mix very well. Taxes and administrating the business of music are often last on the list of concerns for the working musician.
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