What about fees like TH-cam super thanks they take a lot like 30 or 50% is that deductible? Also thanks for the video! I knew most of these but some were helpful for me to confirm
Awesome content! Thanks for positing. I am an employee and willing to start my own TH-cam channel to create content. Will I have to file business income and salary taxes separately or can I write off my business expenses and show business incomes in the same tax return? I would truly appreciate your reply. Thank you!
Do you have to make a certain amount per year to make tax deductions? I work a real job and stream on the side and am curious if i would be able to get tax refunds
@@GabrielleTalksMoney may you further explain what that means? As well, I just registered my name as a LLC for my TH-cam channel, I have a domain for my clothing line/ merch, my question is, is it okay for both of those things (the channel and merch/line) to be under the same LLC?
What if TH-cam channel (sole proprietorship) do not generate enough income? Still allow to write-off the expenses? What happen if I delete the channel?
Love this video Gabrielle! :) I am a U.S.-based bookkeeper for content creators & TH-camrs but this was still super insightful and helpful!
What about vehicles expenses?like puechase,lease, few travels
What about fees like TH-cam super thanks they take a lot like 30 or 50% is that deductible? Also thanks for the video! I knew most of these but some were helpful for me to confirm
What if your content/business is based on travel? and the entire thing is turned into content? like flying meals and hotels?
At what point would it be considered "overdoing it" and impacting the principal residence exemption? Would 40% of home rented out be safe?
Thank you!! So helpful as a new business
Super helpful!
Awesome content! Thanks for positing. I am an employee and willing to start my own TH-cam channel to create content. Will I have to file business income and salary taxes separately or can I write off my business expenses and show business incomes in the same tax return? I would truly appreciate your reply. Thank you!
Do you have to make a certain amount per year to make tax deductions? I work a real job and stream on the side and am curious if i would be able to get tax refunds
doing gods work!!!
Question if you have merch and create it connected to your TH-cam can you write it off?
its considered inventory until you sell it, which then gets classified as Cost of Goods Sold
@@GabrielleTalksMoney may you further explain what that means?
As well, I just registered my name as a LLC for my TH-cam channel, I have a domain for my clothing line/ merch, my question is, is it okay for both of those things (the channel and merch/line) to be under the same LLC?
Great video!
sis, so much knowledge. i bet u study for 18 hrs a day.
What if TH-cam channel (sole proprietorship) do not generate enough income? Still allow to write-off the expenses? What happen if I delete the channel?
Did you figure out the answer to this question?
Good advice
Thanks Gabirella
Make some vlogs too