Taxman123.com logo    
Bookmark This Page
Ctrl + D


Index - Home Page
2010 IRS Mileage Allowance
2009 IRS Mileage Allowance
Print IRS 2009 Schedule C
Print IRS 1040 Form 2009
2009 Tax Filing Figures
2009 Income Tax Brackets
2009 IRS Tax Deductions 1
2009 IRS Tax Deductions 2
W9 Print Form - Eng & Span
IRS Form 1099-Misc
2009 Deduction Haiti Relief
Energy Efficiency Tax Credit
Obama tax cuts 2009
2008 Tax Info and Forms
IRS Home Office Deductions
How To Save On Taxes 1
How To Save On Taxes 2
How To Save On Taxes 3
How To Save On Taxes 4
How To Save On Taxes 5
Tax Relief
Education 2009-2010 American Opportunity
Education Deduction
Parental Support Deduction
Where Is My Tax Refund?
Online Tax Help
IRS Taxpayer Advocate
Learn To Do Tax Preparation
2008 IRS Earned Inc. Credit
Tax Deductions - Musicians 1
Tax Deductions - Musicians 2
Tax Deductions - Musicians 3
Free 2010 Monthly Calendar

Tax Deductions and Allowances For Musicians (3) Ukulele player

The Home Office or Studio
In a previous article you can find great info on how to deduct that space.
You must also consider that the home office is also the same as the home studio for most practical purposes of tax deduction.
See this article
Home Office Tax Deductions

Entertainers - Performers and musicians can take more deductions that normally are not available to most people.

  • Stage clothes and makeup. You can't use the clothes for everyday use but that's OK. It's a deduction and so is the cleaning of it.
  • Sheet music and recorded music to be as a teaching or learning source.
  • Music lessons for yourself are deductible.
  • Billboard magazine and other trade magazines.
  • Deduct "How to" books and manuals.
  • Rent for storage and rehearsal space.
  • Memberships in professional associations and the unions.
  • Deduct copyright and trademark registration fees.
  • The expense of maintaining your website and e-mail for your profession.
  • Deduct promo demo's and printed material such as bio's and promo photos.
  • Up to $25.00 is deductible for gifts to industry professionals.
  • Repairs and upkeep of instruments.
  • insurance on instruments.
  • Legal expenses for drawing up contracts of employment.

Did you get robbed/ripped off of your gear? Theft...
You can deduct some in fulll, some have to be depreciated.
Get more info on that by checking the IRS Publication 946 ("How To Depreciate Property") .

Some folks think they can write off the cable TV expense because they need to keep up on what is going on on MTV etc. or concert tickets but I suggest that you ask your tax preparer.


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 discusses 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.

For more detailed tax information go to www.IRS.gov

PRIVACY POLICY www.ourwholeworld.com www.sailorsongs.com
www.menujoy.com www.melaniechartier.com www.seniorsentertainer.com www.irs.gov http://ourwholeworld.blogspot.com/
www.rc123.com www.moneytopaythebills.com   http://www.sailorsongstheblog.blogspot.com/