How to Deduct Fees, Bandmate Payouts and Gallery Commissions
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Today, I’m talking about deducting education expenses and explaining how fees and reimbursement works when it comes to reporting your income on your taxes.
Listen to this episode to get some insight on tax implications and how you can properly track income to meet the reporting requirements.
Also mentioned in today’s episode:
Reporting gallery commissions on your taxes 12:54
How income and taxes work for musicians being paid out for performances 14:54
When you need a 1099 issued 17:00
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Links:
Get your free Deductions Guide: https://www.sunlighttax.com/deductionsguide