052 Basic Tax Information for Actors

Your tax situation as a working actor can get a little complicated. Here's basic information to demystify the process. *DISCLAIMER* This is basic information for US taxpayers only. I am not a tax professional. Tax laws are complex and subject to change. Check government resources or contact a licensed tax professional for specific info and advice. (00:00) Intro & Disclaimer (00:31) Employee Types (00:42) Employee (01:37) Self-Employed (02:48) Separate Business Entities (03:43) Deductions (04:31) Outro Sample deduction categories: https://drive.google.com/file/d/1T-QqyHptUKjea-YI6ZUOvHQydBNOPywk/view?usp=sharing https://www.irs.gov/individuals/employees https://www.irs.gov/businesses/small-businesses-self-employed/self-employed-individuals-tax-center https://www.irs.gov/businesses/small-businesses-self-employed https://www.irs.gov/businesses/small-businesses-self-employed/business-structures My Linktree⁠⁠⁠⁠⁠⁠⁠⁠: https://linktr.ee/johnmatthewvo ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠Support⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠: https://www.patreon.com/cw/JohnMatthewVO ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠Website⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠: https://johnmatthew.com/ ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠Podcast email: [email protected] [NOTE: I won't receive comments left on platforms I don't have accounts with, so please use the email if you don't hear back from me.] Copyright 2026 John Matthew, all rights reserved. No unauthorized reproduction or use permitted, including use for AI training or content creation. Music & SFX copyright Envato and/or their associated artists. Graphic images copyright John Matthew or Canva and/or their associated artists.