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https://www.nolo.com/legal-encyclopedia/tax-deductions-artists.html
A self-employed artist may deduct any expense that is: directly related to the art activity; ordinary and necessary, and; not lavish or extravagant under the circumstances. Common deductions by artists include the following: Business Travel: Artists often travel out of town, or even out of the country, to work or show their art. You may deduct all reasonable expenses you incur when doing so.
https://voidacademy.com/a-simple-tax-guide-for-artists/
Jan 31, 2018 · A Simple Tax Guide For Artists Some of the most important things to know about doing your taxes as an artist By Karina Vahitova on January 31st, 2018. Photo by NeONBRAND. 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.
https://thecreativeindependent.com/guides/a-smart-artists-guide-to-income-taxes/
Mar 14, 2019 · You must pay 22% on income between $38,701 and $82,500: $50K (my income) - $38,701 = $11,299 of income in the 22% bracket. $11,299 x .22 tax rate = $2,485.78 owed in 22% bracket. Add taxes owed from all brackets together: $952.60 + …
https://shannondoolingdances.com/2019/09/19/taxesfordancers1/
Sep 19, 2019 · For us self-employed Independent Artists, it is recommended that each month we stash away the money we will owe for taxes in a high-yield money market account, where we can receive some interest on the savings before tax time.
https://www.artbusinessinfo.com/tax-tips-for-artists.html
Dec 01, 2012 · In summary, my top tax tips for artists are: PRINCIPLES. Hobby income is still income and can still be taxable - know what the rules are and what you need to declare. know the "badges of trade" - the indicators that tax people use to make a distinction between when a …
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