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Tax Deductions for Artists Nolo

    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.

Tax Deductible Expenses for Artists Freelance Tax

    https://www.freelancetaxation.com/deductions-artists
    Artists: Use this list to help organize your art tax preparation. This is a basic list of typical expenses incurred by artists. You may have others. Art supplies Books, magazines, reference material Business gifts Business insurance Business meals Cabs, subways, buses Copying, printing Cultural events/ museum entrance fees Entry fees Equipment and software Film & processing […]

26 Tax Write Offs for Freelance Artists Tax Deductions

    https://www.keepertax.com/tax-write-offs/freelance-artist
    Find tax-deductible write offs for freelance artists tax deductions with the help of Keeper. Check out the list of every purchase you should be claiming as a write off on taxes. Expense Tracking Tax Filing Free Resources Download the app.

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
    The chance to be creative—and the opportunity to be your own boss—makes working as a musician exciting. Here are some of the top business deductions and expenses for self-employed musicians, as well as some tips to guide you through filing your tax return.

The Artist’s Guide to Tax Deductions Artwork Archive

    https://www.artworkarchive.com/blog/the-artist-s-guide-to-tax-deductions
    You can also write off any office supplies you have purchased to run your art business such as paper, cards, postage etc. Studio Expenses. If you have a studio outside of your home, the total rent and utilities are fully deductible business expenses. For those that have an art studio in your home that is used exclusively for your art business or making art, you can deduct a portion of your monthly overall …

Tax Deductions for Performance Artists

    https://www.jacksonhewitt.com/tax-help/tax-tips-topics/employment/job-specific-deductions/performance-artist/
    Feb 21, 2021 · If you are a performing artist, such as an actor, dancer or musician, payments that you receive from someone who is not your employer (for example, payments for freelance work) may be considered income from self-employment and reportable on Schedule C, Profit or Loss from Business. You may deduct all associated expenses to your self-employment income on your Schedule C.

Tax Advice for Artists, Art Business

    https://www.artistsnetwork.com/art-business/tax-deductions-for-artists-art-business/
    Apr 06, 2015 · Either way, potential deductions include the following: • art equipment, such as easels, cameras, light fixtures and kilns. • supplies such as paint, brushes, canvas and clay. • framing. • studio space. • office supplies and equipment. • books and magazines related to your business.

VISUAL ARTISTS - Riley & Associates, P.C. Art Taxes

    http://www.artstaxinfo.com/artists.shtml
    Most art equipment including computers is written off in 5 to 7 years; these "depreciable lives" are defined in the IRS code. The 2017 TCJA tax bill really changed the deprecation deduction. The "the section 179 election" that allows for the immediate expensing of …

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