Hey all,
First time poster, long time lurker. I have been filling out my tax stuff for the past week while on nights (PM&R is sweettttt), and I had a question that I couldnt find on the internet with a google search.
My wife is a Worship Leader/Singer and this year sang at an Oktoberfest in our hometown. The business gave her a 1099-Misc for $1500. Of that money, she kept only 500 of it - the remaining went to her band (she pays real well!). As I am entering her 1099-Misc and subsequently the Business Income Schedule C form to attach it too, is there anyway that we can write off the "expense" of her band? Super poor PGY-2 here trying to get this refund high enough to afford a goldendoodle (those things are grossly expensive, but its the least I can do for delaying owning a home/moving twice for residency/etc). Thoughts?
First time poster, long time lurker. I have been filling out my tax stuff for the past week while on nights (PM&R is sweettttt), and I had a question that I couldnt find on the internet with a google search.
My wife is a Worship Leader/Singer and this year sang at an Oktoberfest in our hometown. The business gave her a 1099-Misc for $1500. Of that money, she kept only 500 of it - the remaining went to her band (she pays real well!). As I am entering her 1099-Misc and subsequently the Business Income Schedule C form to attach it too, is there anyway that we can write off the "expense" of her band? Super poor PGY-2 here trying to get this refund high enough to afford a goldendoodle (those things are grossly expensive, but its the least I can do for delaying owning a home/moving twice for residency/etc). Thoughts?
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