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What qualifies as a performing artist? - TurboTax

    https://ttlc.intuit.com/community/taxes/discussion/what-qualifies-as-a-performing-artist/00/780809
    Jun 08, 2019 · - Performed services in the performing arts as an employee for at least two employers during the tax year. - Received at least $200 in wages from each of the two employers. - Had allowable business expenses of more than 10% of gross income from the performing arts - Had an adjusted gross income of $16,000 or less before deducting these expenses.

How do I use the performing artist deduction ... - TurboTax

    https://ttlc.intuit.com/community/tax-credits-deductions/discussion/how-do-i-use-the-performing-artist-deduction-its-not-prompting-me-in-turbo-tax/00/533350
    Had allowable business expenses attributable to the performing arts of more than 10% of gross income from the performing arts, and. Had adjusted gross income of $16,000 or less before deducting expenses as a performing artist. For more information, see Form 2106 Instructions. 0.

Tax Deductions for Performance Artists

    https://www.jacksonhewitt.com/tax-help/tax-tips-topics/employment/job-specific-deductions/performance-artist/
    Feb 21, 2021 · 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. Your adjusted gross income is not more …

The Musician's Guide to Taxes: Top Tax Deductions - TurboTax

    https://turbotax.intuit.com/tax-tips/self-employment-taxes/the-musicians-guide-to-taxes-top-tax-deductions/L3dFXFokF
    Running a music business likely requires certain monthly expenses, and you can claim these as deductions to reduce your tax liability. These include: booking fees for recording studios. rent for classroom or teaching space. utility costs for your workspace.

IRS Form 2106: What Is It? - The Balance

    https://www.thebalance.com/qualified-performing-artists-tax-deduction-3192993
    Nov 30, 2020 · Performing artists qualify if they provide services in the arts for two or more employers and receive at least $200 in wages from those jobs. Your job-related expenses must be more than 10% of the income you earned from these jobs, and your AGI must $16,000 or less—without regard to this deduction—as of the 2019 tax year, the return you'll file in 2020.

Instructions for Form 2106 (2020) Internal Revenue Service

    https://www.irs.gov/instructions/i2106
    If you meet all the requirements for a qualified performing artist, include the part of the line 10 amount attributable to performing-arts-related expenses in the total on Schedule 1 (Form 1040), line 11, and attach Form 2106 to your return. Your performing-arts-related business expenses are deductible whether or not you itemize deductions.

Solved: Is the qualifying performing artist 2106 calculati ...

    https://proconnect.intuit.com/community/proseries-tax-discussions/discussion/is-the-qualifying-performing-artist-2106-calculating-correctly/00/25505
    Solved: ProSeries is not detecting the $16000 limitation. My client has 2 W's, expenses do not 10% of AGI, and wages exceed 16000 yet ProSeries is

What is IRS Form 1040 Schedule 1? - TurboTax Tax Tips & Videos

    https://turbotax.intuit.com/tax-tips/irs-tax-forms/what-is-irs-form-1040-schedule-1/L6By94re4
    Business expenses of military reservists, performing artists, and fee-based government officials (the only qualifying professions for certain business deductions) ... Up to $4,000 of qualified higher education tuition and fees; ... Get every deduction you deserve. TurboTax Deluxe searches more than 350 tax deductions and credits so you get your ...

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

    https://www.irs.gov/publications/p529
    If you are a qualified performing artist, you can deduct your employee business expenses as an adjustment to income rather than as a miscellaneous itemized deduction. For example, musicians and entertainers can deduct the cost of theatrical clothing and accessories that aren't suitable for everyday wear. If you are an employee, complete Form 2106.

“Professional Services” Guidance for the QBI Deduction ...

    https://proconnect.intuit.com/taxprocenter/tax-law-and-news/professional-services-guidance-for-the-qbi-deduction-helps-define-specified-services/
    Mar 03, 2020 · However, if your client holds an operating oil, gas, or mineral interest or is in business as a self-employed writer, inventor, artist, etc., report income and expenses on Schedule C (Form 1040) or Schedule C-EZ (Form 1040). To qualify for the QBI deduction, your client must be involved in a …

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