View Single Post
Old 05-11-2013, 11:25 PM
DrumEatDrum's Avatar
DrumEatDrum DrumEatDrum is offline
Platinum Member
Join Date: Jan 2009
Location: Los Angeles, CA
Posts: 8,337
Default Re: Drums and American taxes


Years ago I found a tax man that specializes in musicians and entertainers.

Even in years where I stopped having music income I went to him anyway since he's generally awesome. Which was good, because there have been spots here and there where I have had music income.

In general yes, all expenses related to making income from music are deductible. Some items, like stage clothing, the IRS doesn't view kindly to as a deduction. Other items, like a CD from your favorite band, can be considered "research."

Consult your local tax specialist.
Reply With Quote