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Tax Deductions for Artists Nolo

    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.

How to File Your Taxes as an Artist - Artsy

    https://www.artsy.net/article/artsy-editorial-7-things-artists-filing-taxes
    Mar 19, 2019 · For U.S. residents, tax day is April 15th. 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 considered to be a business.

How To Do Your Taxes As An Artist Art for Sale Artspace

    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.

A Simple Tax Guide for Artists - Important Things To Know

    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.

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