Tax Deductions for Musicians

Want to save money on your taxes? Then you need to know what you can and can’t deduct! In this video, Rupal Bain covers the rules for deductions, provides clues for how you can document your expenses, and what you can do to give yourself an advantage come tax time. Any musician who is working, teaching, freelancing or even earning unemployment will want to watch this video. *Disclaimer: 0:12 Links: U.S. Code, Title 26, IRC, section 162 https://www.law.cornell.edu/uscode/text/26/162 2020 Schedule C (Form 1040) https://www.irs.gov/pub/irs-pdf/f1040sc.pdf ============================================================= If you liked what you saw, please subscribe to our website for more free resources! 🔸Website: https://www.investedmusician.com/resources Be sure to also follow us on social media: Join our IM Community on Facebook for access to more resources 🔸Facebook: https://www.facebook.com/groups/Investedmusician or Follow us on Instagram to stay informed 🔸Instagram: https://www.instagram.com/invested_musician/ For more about Invested Musician, check out our website. 🔸Website: https://www.investedmusician.com #laphil,#musiccareer,#musician,#musicandmoney,#investedmusician,#careergoals,#gapyear,#onlinecourses,#onlinelearning,#onlineschool,#virtuallearning,#onlineclasses,#musicprogram,#alternativemusicprogram,#careerplanning,#careerinmusic,#collegeprepmusicians,#audition,#auditionprep,#orchestra,#orchestraaudition,#practicetools,#classicalmusic