I wonder?.......
12 years ago
General
dose any one pay taxes if you do only drawing commissions for a living?
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Art is a job like any other and can be taxed.
1) If you make 20,000 a year in art your doing something right and probably have developed a more defined business and most likely wont be on Fa much. Respectfully.
2)It is only 200 transactions on Paypal depending on how they are labeled. To my knowledge you can use the "Personal" tag without any record as most family use this to move money to one another. Did while I was in college.
I may be wrong, but I assure you RU your not going to jail for not claiming your art. I'll defend the fact "Your not conducting a full fledged consumer business" to the death. You don't charge tax do you? Lol. Again, I know people will argue, but I've been doing under the table art for years and never claimed it. I lived off my art for a good while during college and never claimed it.
If you are doing it as a hobby, you must not "intend" to make money. Again, look at IRS publications or a tax person, not random strangers on the internet. :) For example: http://www.irs.gov/uac/Business-or-.....for-Deductions
The Internal Revenue Service reminds taxpayers to follow appropriate guidelines when determining whether an activity is a business or a hobby, an activity not engaged in for profit.
People can speculate all they want, but the bottom line is ignorance is no excuse to ignore the law. Granted they have bigger fish to fry so you "probably won't" get in trouble, but that doesn't make it legal to avoid.
I've stated my experience (the result of such over the years) and thoughts. We all have. Lets not turn this into hardball and spam up the journal. This isn't directed any any one person but for further development based on striking that "reply to" feature.
When you went down the path of talking about a $20,000 minimum, not being on fa much, being a gov't regulated job, not a consumer business, etc., I think that gets out of "your experience" and into "throwing out arbitrary numbers" like many people are doing. I thought it might help to provide actual facts. It's strange to me that you'd come back and feel a need to put me down for voicing a fact-based opinion, especially after I closed with "nobody will probably care" but FA is a weird place sometimes. :) It's all good, and anyone with a pon3 icon has good taste to begin with. ;)
If you know a middle schooler who is emancipated and making nearly $10k in lunch money from things he/she "intends to make profit from" then yes, I agree completely with your concern!
On here (or more general: simple art commissions) , these are more of a personal service, so there wouldn't be taxes of any sort.
Keep in mind that you'll need some sort of documentation of these transactions if you count it as a profession.
for axample draw a stick figure or a really bad looking troll face and they'd be like okay they can't draw :3