Re: Harp players reporting income?
- Subject: Re: Harp players reporting income?
- From: Cathi Norton <cathi@xxxxxxxxxxxxxxxxx>
- Date: Tue, 11 Feb 2003 11:22:21 -0500 (EST)
Tom Ball put in his stuff on this subject.
> Bottom line: If you earn money from music, the wisest course of
> endeavour is always to keep your own income records (as well as
> records of all your legitimate expenses,) and not rely upon 1099s to
> remind you how much you made. The IRS are not fools. Nossir....
He's got that right. I do this -- keep records and send out my own 1099s.
The IRS has tried several times to tag me on income, but I send 'em
complete xeroxes of every check (I take the club check and issue my own
checks to band members) I gave to supporting musicians. They quickly give
up with an "Oh." It's a pain, but I gotta say, it's satisfying to back
'em off once in awhile.
Cathi N. (Didn't know it went up to $600 though -- kewl.)
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