Embed Size (px)
Citation preview
Tax Deductions for:
Entertainers
©Copyright ClientWhys, Inc.
Use this form to summarize and organize your tax-deductible business expenses. In order to deduct expenses in your trade or business, you must showthat the expenses are "ordinary and necessary." An ordinary expense is one, which is customary in your particular line of work. A necessary expense isone, which is appropriate, but not necessarily essential in your business. The application of these terms to you relies heavily on the "facts and circumstances" of your unique situation. A business expense deduction must also take into account any reimbursement you have received, or could havereceived for that expense from your employer or another source.
Cellular CallsFax TransmissionsPaging ServicePay PhoneToll Calls
Other:
TELEPHONE Expenses:
Alterations - Repairs (costumes/wardrobe)
Cleaning (costumes/wardrobe)
Commissions - Agent/ManagerCostumes - Wardrobe (special)
Dues - Union & ProfessionalGifts - Business Hair Care - Wigs & Supplies (special business)
Insurance - EquipmentInterest - Business LoansMakeup - Cosmetics (special business)
Manicure (special for hand inserts etc.)
Meals - Business (enter 100% of cost)
Office SuppliesPhotocopy - Scripts, etc.PostageProps, Stunt SuppliesPublications - TradeRents - Office, Storage etc.Rents - Equipment, Costumes etc.Repairs - EquipmentSecretarialTools
Other:
Other:
SUPPLIES & Expenses:
Coaching ExpensesDance TrainingMusic - Arrangements
Tapes, RecordingsTraining
Rents - Rehearsal HallTickets - Performance AuditVoice Training
Other:
CONTINUING Education:
Audition Tapes & VideosBusiness CardsFilm & ProcessingMailing Supplies - Envelopes etc.Photos - ProfessionalPortfolio ExpensesResumé
Other:
Other:
PROMOTIONAL Expenses:
Audition Travel (mi)
Business Meetings (mi)
Continuing Education (mi)
Job Seeking (mi)
Out-of-Town Business Trips (mi)
Purchasing Job Supplies & Materials (mi)
Professional Society Meetings (mi)
Parking Fees ($)
Tolls ($)
Other:
AUTO Travel:
Next Page >
©Copyright ClientWhys, Inc.
Tax Deductions for:
Entertainers
Answering MachineAmplifiersAudio SystemsMusical InstrumentsPagerRecorderSpeaker Systems
Other:
Other:
Other:
Other:
Other:
EQUIPMENT Purchases:
AirfareBridge & Highway TollsBus & SubwayCar RentalLaundryLodging (do not combine with meals)
Meals (do not combine with lodging)
ParkingPorter, Bell CaptainTaxiTelephone Calls (including home)
Train
Other:
Other:
Other:
Other:
OUT-OF-TOWN Travel:
