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Message Board Homepage Child and Teen Actors, Singers, and Dancers Questions re: tax deductions
Message Board Homepage Child and Teen Actors, Singers, and Dancers Questions re: tax deductions|
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Newbie |
Newbie question: are our travel expenses tax deductible for bookings and for go-sees? How about photos, printing, postage, etc.?
"You do not have a soul, you are a soul. You have a body." - C.S. Lewis |
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Sean Penn |
If you itemize and declare the income, all related expenses are deductable. I haven’t started itemizing my kid’s income yet since there are certain minimums and exclusions. Best to consult a tax advisor for your own situation.
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BackStage.com Message Board Homepage Child and Teen Actors, Singers, and Dancers Questions re: tax deductions
Message Board Homepage Child and Teen Actors, Singers, and Dancers Questions re: tax deductions© 2008 The Nielsen Company. All rights reserved.