Don't let anyone tell you that you can not claim your writing on your taxes.
Start saving every reciept that is connected to your writing.
I recieved 2 1099's from amazon. I then decided to claim my writing on my taxes. I did have a loss so I did recieve a refund.
Find a tax person that takes is a professional and doesn't put your writing down.
I have an enevelope next to my computer and put the reciepts in the envelope. When I went to do my taxes I didn't just throw all my reciecpts at him. I printed out all my dectuctions to make it easier for him and I could see what I had and how much.
Is your writing a hobby or a business. I am in this for the long haul. My writing is not a hobby. I am selling books and I deserve to call it a business.
Start taking yourself sersious. You are a writer. Start acting like a writer.
So I am very excited about this new turn in my life. I now tell everyone I am a writer. I have my tax returns to prove it.
Things you can deduct on your taxes.
1. Internet
2. Computer and repairs
3. Supplies, ink, paper
3 paying someone to edit, format, book cover
4 writer's conferences
5 travel expenses.
6. ads, promo. business cards
7. print books you buy/inventory
8. writing courses/workshops
9. Lunch with other writers
10. Office furniture
Check with your tax person, before claiming any decductions. You need the reciepts to claim any decductions. Start saving all reciepts and you can sort them out later in the year.
While you are getting your taxes this year, talk to your tax person and ask what you need to do next year.
You are a writer. Start acting like a writer.
http://sharonleejohnson.com
Start saving every reciept that is connected to your writing.
I recieved 2 1099's from amazon. I then decided to claim my writing on my taxes. I did have a loss so I did recieve a refund.
Find a tax person that takes is a professional and doesn't put your writing down.
I have an enevelope next to my computer and put the reciepts in the envelope. When I went to do my taxes I didn't just throw all my reciecpts at him. I printed out all my dectuctions to make it easier for him and I could see what I had and how much.
Is your writing a hobby or a business. I am in this for the long haul. My writing is not a hobby. I am selling books and I deserve to call it a business.
Start taking yourself sersious. You are a writer. Start acting like a writer.
So I am very excited about this new turn in my life. I now tell everyone I am a writer. I have my tax returns to prove it.
Things you can deduct on your taxes.
1. Internet
2. Computer and repairs
3. Supplies, ink, paper
3 paying someone to edit, format, book cover
4 writer's conferences
5 travel expenses.
6. ads, promo. business cards
7. print books you buy/inventory
8. writing courses/workshops
9. Lunch with other writers
10. Office furniture
Check with your tax person, before claiming any decductions. You need the reciepts to claim any decductions. Start saving all reciepts and you can sort them out later in the year.
While you are getting your taxes this year, talk to your tax person and ask what you need to do next year.
You are a writer. Start acting like a writer.
http://sharonleejohnson.com
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