March 13, 2019 • 11 mins
I know, it's super boring, but it's important. I wanted to share some of what I've learned in the tax world. I'm not a tax expert, but I hope it will help you with your taxes as you continue to purse your musical career.
Key Takeaways:
- Get comfortable with a W9 form.
- Set aside 20-25% for taxes (maybe more, maybe less, depending on your area).
- $600 is when you need to start paying taxes.
- If you didn't set aside money this year, the IRS may let you do payments one time, so you can catch up for next year.
Key Takeaways:
- Get comfortable with a W9 form.
- Set aside 20-25% for taxes (maybe more, maybe less, depending on your area).
- $600 is when you need to start paying taxes.
- If you didn't set aside money this year, the IRS may let you do payments one time, so you can catch up for next year.
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