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Tax write offs?

Discussion in 'Ask Justin Meldal-Johnsen' started by Visirale, Sep 10, 2008.

  1. Visirale


    Mar 23, 2003
    I was in my accounting class today and got to thinking...

    Can't you write off most if not all the expenses you come across on your taxes? All the wonderful gear, transportation to get to gigs... almost everything?

    Must be nice ;).
  2. jmjbassplayer

    jmjbassplayer Justin Meldal-Johnsen Gold Supporting Member

    Mar 25, 2005
    Yup. But not 100% of it. If you spend $1000 on a piece of gear, there's only a certain percentage that counts as a write-off.

    Records I buy, movies I watch, transportation, clothes, afro reduction surgery, you name it. It all helps.

  3. Juniorkimbrough


    Mar 22, 2005
    Mississippi / Memphis, TN
    Endorsing Artist: Lakland Basses

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