On Tue, Nov 30, 2010 at 06:47:41PM -0500, John Sessoms wrote: > > AFAIK, for IRS purposes "making money from photography" doesn't > actually entail making a profit. Even if your income from > photography is less than your expenses, it's income, and > professional association dues are a deductible expense.
I believe, however, that this only applies once the expenditure in this category exceeds some fraction (2%?) of your *total* income (not just the income from photography). -- PDML Pentax-Discuss Mail List PDML@pdml.net http://pdml.net/mailman/listinfo/pdml_pdml.net to UNSUBSCRIBE from the PDML, please visit the link directly above and follow the directions.
