Tax Deductions and Allowances For Musicians

The professional musician has to take all of the deductions allowable by law to survive in the field.

You have to keep records of your expenses and be sure to take the deductions come tax time.

Take the time to read the pages listed below so as to take advantage of as much as possible.

The I.R.S. is not likely to call you to let you know of a deduction that you missed.

Tax Deductions for Musicians Page 1

Tax Deductions for Musicians Page 2

Tax Deductions for Musicians Page 3

NOTE:
This is only a guide and before you file you should get it all reviewed with a tax professional.

There are a lot of details and we haven't discussed long term investment, health insurance and other deductions that are used by all of us.

This is designed to be a helpful guide for entertainers, performers and musicians.

Often the tax preparer doesn't know about all available options and in the end you alone are responsible for your situation. Better to be educated than a victim.