Employee Business Expenses Actors – Killer IRS Information
Employee Business Expenses Actors – Qualifications
In order to reduce their taxable income, actors and other performing artists can deduct their expenses related to the performance of the services provided.A performing artist can claim this deduction if he has performed services in the performing arts for at least two employers during the year.In addition, the artist must receive at least $200 in wages from each employer.Your employee business expenses as a performing artist have to be more than 10% of your income earned from performing arts job.You must file a joint return, if you are married.