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Schedule C for Artists and Designers

Valerie Atkisson / ArtBistro

Until a couple years ago I did my own taxes. As an artist, at least a portion of my income came under self-employment. Since freelancers need to keep track of all they have spent, by the time I had it prepared it for the accountant easiest part was left, filling in the blanks. It is always a good idea to have an account do your taxes for you because it may be costly if you make mistakes. But if you want to go for it on your own, here are some tips on filling out your schedule C

• First, spoil yourself! On tax day, I play my favorite music and a bowl of my favorite treats to get through it!

The best way to cut down the work on tax day is to be organized.

• I always figure out my W-2 portion first. When that is done I work on my Schedule C.

Schedule C

• Calculate income

• Add up expenses that you have receipts for, to deduct.

• Fill in the blanks and follow directions.

• Make sure that you carefully read the instructions.

• If you made a profit of $400 or more (line 31 on Schedule), you need to fill out a Schedule SE to calculate how much tax you owe from your business.

• Don’t forget to deduct half of your SE tax on the 1040 line 27.

• Don’t rely on what someone tells you. If you have a question start on your taxes early enough to have time to call the IRS or email them a question.


In many states you can get a tax exempt form as a self-employed person. You will be assigned a number. When you purchase supplies you can give this to the store, show the certificate and you will not be charged sales tax.

More Tax Tips:

Page 1: Table of Contents

Page 2: Top Ten Odd Ball Tax Deductions

Page 3: Artists and Designers! Get Organized Before Tax Day

Page 4: Schedule C for Artists and Designers

Page 5: What Can Visual Artists Deduct on Schedule C?

Page 6: Tax Preparation Checklist

Page 7: 5 Ways to Make Your Taxes Less Taxing

Page 8: The 11 Most Overlooked Tax Deductions

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