case: (Default)
Case ([personal profile] case) wrote in [community profile] fandomsecrets2022-03-28 07:27 pm

[ SECRET POST #5561 ]


⌈ Secret Post #5561 ⌋

Warning: Some secrets are NOT worksafe and may contain SPOILERS.


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Notes:

Secrets Left to Post: 02 pages, 32 secrets from Secret Submission Post #797.
Secrets Not Posted: [ 0 - broken links ], [ 0 - not!secrets ], [ 0 - not!fandom ], [ 0 - too big ], [ 0 - repeat ].
Current Secret Submissions Post: here.
Suggestions, comments, and concerns should go here.

Re: your taxes, then art

(Anonymous) 2022-03-29 01:37 am (UTC)(link)
Look, I highly doubt you're making cash cash on your stuff, and I, like one of the anons above will give you the benefit of the doubt re: I gotta pay taxes on this?! Wtf!!! Don't want to pay them.

https://www.irs.gov/taxtopics/tc554

You need to report whatever you've earned. They'll start charging self employment tax if you've made more than $400 on it, but you still have to report even if all you made was $65. 1099-INT if you have a savings account/account gainijg interest (even if all you gained was 67 cents). Etc. Obviously, people find ways around it etc. And if you're making a solid amount, it might be a worthwhile investment to speak to an accountant (if that's financially feasible) about how you should file and if you should make a business instead of just self employment etc. Etc. Because then you can start deducting for expenses -- did one commission require specific materials? You can have that deducted (and it can be done as depreciating expense or not if you're making use of it over time/etc etc). Anyway. I'm not a fan of how multi billion/million dollar companies and individuals get tax breaks in the name of investment/bringing money into areas for development or whatever trickle down economics they're still attempting to apply, and everyone below that gets fucked. I do believe taxes are important (I also wish they were spent in ways that benefitted society, like education and social services etc over the military, shit they could at least provide the VA with better funding with all the money they're spending on military contractors, but I digress) and it's part of my civic duty to put into the pot that's supposed to help us ALL out. I don't have kids, I'm fortunate enough to have a place to live and food to eat, but if I didn't, I'd be grateful to have those services. I was grateful that I paid taxes so when I needed it, I could use Medicaid in between jobs and have access to medication I couldn't afford otherwise. Anyways, you've read enough of that.

As for the art, I was thinking about this idea earlier as well. Like, I want to create, regardless if there's interaction or not. But ideally there is -- how could I get people who might be into what I'm making to find me if I don't play the social media game? I ahve no desire to play the social media thing. Insta, Patreon, TikTok. No. Lol. I think the most I'd do is sporadic insta posts and it would probably be to interact with other artists and see about collaboration. Maybe. But the idea that you've gotta do all this promotion and the algorithm...I guess I'll be leaving it to chance and hoping people find it, and share it. I don't know. It takes away from it, personally. I think it also depends on what your ends are -- what it is you want in regards to sharing your work with others, do you want anything in particular at all, are you looking for commissions, etc.

Re: your taxes, then art

(Anonymous) 2022-03-29 03:53 am (UTC)(link)
+1000

All of this!