Expert: Kitty Kavey - 5/7/2006

Question
Hello!

I've been a commercial and fashion model for about a year now.  Some of my fellow colleagues and my agent have reminded me from time to time to save all of my receipts for things that I buy for shoots and other expenses for "model maintenance".  

My question is: "What is really tax deductible, or a legitimate tax write-off when it comes to me being a model?"  I've looked at other sites and blogs and no one can really give me a good answer.

Thanks!
Caroline

Answer
Ask your agent for a referral to a tax preparer or accountant in your area who is familiar with the latest deductions for models/talent.  The tax laws are constantly changing, but I would be wary of trying to write off too much in "maintenance" expenses.

Here is a direct quote from irs.gov:

Taxpayers in the entertainment industry sometimes may incur expenses to maintain an image. These expenses are frequently related to the individual's appearance in the form of clothing, make-up, and physical fitness. Other expenses in this area include bodyguards and limousines. These are generally found to be personal expenses as the inherently personal nature of the expense and the personal benefit far outweigh any potential business benefit.

No deduction is allowed for wardrobe, general make-up, or hair styles for auditions, job interviews, or "to maintain an image".

------------------------------------------
Since modeling and acting differ slightly in what might be allowable in deductions, you can call the IRS directly with specific questions at 1-800-829-1040.  Again, on an ongoing basis it's advisable to contact a tax preparer in your area familiar with the modeling industry.  Now is a great time to meet with them, as the April rush is over, and it's a relatively slow time for them.  Since you should be paying (estimated) taxes quarterly, you may want to at least inquire with the IRS so you don't end up keeping receipts you don't need, or missing out on deductions that are allowable.
Good luck to you,
~Kitty