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Tax Deductions for Performance Artists

    https://www.jacksonhewitt.com/tax-help/tax-tips-topics/employment/job-specific-deductions/performance-artist/
    Feb 21, 2021 · You perform services in the performing arts as an employee for at least two employers. You receive at least $200 each from any two of these employers. Your related performing-arts business expenses are more than 10% of your gross income from the performance of those services.

Tax Deductions for Artists Nolo

    https://www.nolo.com/legal-encyclopedia/tax-deductions-artists.html
    Do you have current criminal charges? 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 …Estimated Reading Time: 7 mins

The Musician's Guide to Taxes: Top Tax Deductions ...

    https://turbotax.intuit.com/tax-tips/self-employment-taxes/the-musicians-guide-to-taxes-top-tax-deductions/L3dFXFokF
    Launching and maintaining your music business usually involves paying some basic business expenses, and you can deduct these on your tax return. Note that expenses related to a home studio are deductible, as are: the costs associated with registering for a business license

Top Tax Deductions for Actors, Musicians, and Other ...

    https://blog.stridehealth.com/post/tax-deductions-actors-musicians-performers
    Nov 30, 2020 · Because there’s always a chance you may be audited, save your business receipts for at least three years after you file your taxes. Tax Deductions for Actors, Musicians, and Other Performers. Here are 17 tax deductions for actors, musicians, and other performers you should be keeping track of throughout the year. 1.Estimated Reading Time: 5 mins

Publication 529 (12/2020), Miscellaneous Deductions ...

    https://www.irs.gov/publications/p529
    Performed services in the performing arts as an employee for at least two employers during the tax year, Received from at least two of the employers wages of $200 or more per employer, Had allowable business expenses attributable to the performing arts of more than 10% of gross income from the performing arts, and

Tax Deductions for Performing Artists - Stern Cohen

    https://www.sterncohen.com/tax-deductions-for-performing-artists/
    Tax Deductions for Performing Artists If you are a performing artist such as an actor or a musician, the Canada Revenue Agency has special rules that pertain to you. This article covers all the details and specifies the tax write-offs or expenses that you may be able to deduct from your income. Now that we’ve set the stage, read on…Estimated Reading Time: 3 mins

Tax Deductions for Models, Actors, Entertainers and Artists

    https://motivatedmodels.com/2012/02/tax-deductions-for-models/
    Tax deductions for models. ... For a model, artist, actor, or entertainer – this is often a very frustrating time of the year and you need to think about Tax deductions for models. Taxes are confusing with very few defined rules or regulations as to what is or is not deducible. January 31st is the deadline for employers of independent ...

Tax Deductions for Performing Artists - Tax Partners Canada

    https://www.taxpartners.ca/tax-deductions-for-performing-artists/
    If you are a performing artist such as an actor or a musician, the Canada Revenue Agency has special rules that pertain to you. This article covers all the details and specifies the tax write-offs or expenses(Tax Deductions) that you may be able to deduct from your income. Now that we’ve set the stage, read on…

28 Tax Deductions You Didn't Know You Could Write Off

    https://www.listenmoneymatters.com/tax-deductions/
    Tax day is coming up fast, and you want to to take advantages of as many tax deductions as you can. You know the typical write-offs, but we found 28 tax deductions you didn’t know you could write off. These are tax deductions that most people will be eligible for. If you have a business, you can check out the episode we did on LLCs and S Corps.

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