This is the first year where I am filing my taxes while not being claimed as a dependent by my parents. I understand that in order to claim things such as haircuts, movie tickets, scripts, dvds, etc. that I need to file as a "Self-Employed Artist." Is that correct?
In 2009 I did not do professional theatre. I did educational theatre and community theatre. I applied to some professional theatres for internships but didn't get any (which I can prove via e-mails I received from them). In addition, I was employed at a restaurant where certain months I was full-time but most months I was part-time. Am I still eligible to file as a Self Employed Artist? Do I get taxes back for both my side job as well as my theatre-related expenses (headshots, dvds, haircuts, etc.)?
Thanks!!!!
Broadway Legend Joined: 9/16/07
No.
Seriously, you are asking tax advice on BWW?
Broadway Legend Joined: 11/3/05
Well, after people ask medical advice, this is almost pedestrian.
But, perhaps not to a lawyer
Broadway Legend Joined: 9/16/07
You haven't earned money as a self-employed artist, therefore you shouldn't be telling the IRS you are a self-employed artist.
Broadway Legend Joined: 11/3/05
Oh, details, details, PRS.
Thanks, PRS. That's what I thought. But I was once told that if you can prove that you attempted a job you could still file...but I would think you would file for unemployment. :
And yes I'm asking for tax advice. On BWW you can talk about ANYTHING!
Let me rephrase that - you are relying on tax advice solicited on BWW?
It is very sweet that you are so confident to rely on the competence and kindness of strangers.
There isn't an online entity that I would trust more than Phyllis Rogers Stone. I'd trust him/her with my online life.
Broadway Legend Joined: 9/16/07
I'd say I was competent, but I don't know if you'd call me kind.
I think the thing about proving you looked for work is probably if you've collected unemployment as a performer or whatever you're trying to take deductions for. That one is more a guess on my part, though.
Also - you should only itemize if what you are claiming is more than what the standard deduction is, and I doubt you're claiming that much.
Updated On: 11/29/09 at 11:39 PM
Oh PRS, I am quite confident in your competence. Hook is lucky that you actually chose to answer his question.
Broadway Legend Joined: 9/16/07
Yeah, I would have made a great accountant. With other people's money, that is.
Yes, itemizing things only works if it is over a certain amount. My dad told me this because I do volunteer work and drive there, but not enough to count it.
Actually, he does volunteer with a group here that does taxes for low income families for free. I know you have to make under a certain amount to qualify, but it might be worth looking to see if any service exists in your area.
Broadway Legend Joined: 9/16/07
From what he described I don't seen any reason why he'd need help. I think the IRS has a free hotline. It sounds like from what he described he's just gonna need the 1040EZ form.
Broadway Legend Joined: 11/3/05
Are you saying that Hook is easy?
That's the thing PRS - the IRS has a website with Q&A and information on who to call.
http://www.irs.gov/businesses/small/selfemployed/index.html
And, you can't claim haircuts (or audition clothes). You should go by Equity or SAG's list of what things you can itemize when you are eligible.
Broadway Legend Joined: 8/13/09
Here is the list of the basic things Equity says you will be able to claim. A good tax accountant might be able to find some other deductions, but this is a good start.
IN-TOWN EXPENSES
1. Photos and Resumes
2. Agentâ??s/Managerâ??s Commissions
3. Union Dues/Initiation Fees
4. Office Supplies/Stationary/Postage
5. Academy and Players Guide
6. Accompanist/Audition Expense
7. Answering Service
8. Coaching/Lessons for Performance
9. Entertainment for Business
10. Gifts for Business
11. Sheet music, records, books, tapes Travel
12. Rehearsal clothes & maintenance
13. Tickets for Professional Research
14. Trade Publications
15. Transportation Seeking Employment
OUT-OF-TOWN-EXPENSES
1. Travel
2. Lodging Expenses
3. Meals
4. Laundry and Dry Cleaning
5. Local Transportation
6. Auto Rental for Business
7. Gasoline/Auto Repairs & Maintenance
8. Telephone Charges
9. Tips and Gratuities
10. Other Expenses related to Qualifying travel
Of course all of these are only claimable with documentation: receipts, canceled checks, bank and credit card statements, and a detailed diary.
Updated On: 11/30/09 at 04:32 PM
You can only have earnings to offset the expenses. Generally, you cannot offsent W2 income against 1099 earnings.
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